blockchainreporter.net
Crypto.com, a Singapore-based prominent crypto trading platform, unveils a new feature named Contracts for Differences (CFDs) to expand trading options. This latest feature in the Crypto.com trading platform is Contracts for Differences (CFDs), which dramatically expands the platform’s utility in terms of advanced trading options.
This addition lets users guess cryptocurrency values without having actual control over them. Crypto.com always strives to offer the best services to its users and this newly introduced trading will revolutionize the trading options for the crypto community. By introducing the CFD trading feature, Crypto.com will offer leverage up to 20x on over 40 cryptocurrencies.
Crypto.com is Enhancing Trading Flexibility
The new CFDs feature covers 40+ cryptocurrencies, unlike other platforms, which offer a limited offering. The limit on opening positions has been decreased to $5, thus allowing many individuals to utilize the platform efficiently.
Offers include contracts for difference on Crypto.com, which can be leveraged up to 20 times to magnify the potential gains. This high leverage ratio means that to trade, users only need to put down a small percentage of the overall value of their positions.
What Crypto.com Has to Offer Through CFDs Trading Feature?
Crypto.com strongly emphasizes its mobile platform and guarantees the app can do CFD trading anytime. CFD trading feature has a lot to offer to its user community. It has an easy-to-navigate layout with immediate P&L tracking and is suitable for budding and expert traders. The advantage of CFDs is that users can profit from bullish and bearish environments. This allows various trading strategies, and traders can benefit from increased volatility.
Recently, Crypto.com stressed that all its CFD products available to clients are entirely regulated so that users can trade without risks. Trading also does not require users to download applications; when opening a CFDS Wallet inside the application, they can immediately begin trading.
Offering CFDs on Crypto.com diversifies the platform’s trading capabilities even further, introducing more ways for users to engage with Crypto.com and its instruments. Crypto.com targets traders searching for various and versatile opportunities to trade cryptocurrencies, as the platform is ready to provide a high leverage, a variety of cryptocurrencies it supports, and a chance to start trading with a low stake.