Hello guys,

There is another way of trading Cryptocurrencies aside from trading on exchanges. You can also trade them in CFDs. It is less prone to hacking compared when you use exchangers and the great thing is, you don't really need to own a specific coin e.g. Bitcoin to trade cryptos. You can also use leverage to provide your trades with more buying power and get more profit. Say, you deposited 1000USD and have a leverage of 100:1, you can trade with as if you have 100,000USD in your account.

But leverage can be a double-edged sword. Yes, it could give you a lot of profit in one trade but it could be the opposite when you made a wrong trading position. That is why it is very important to plan your trades and manage your leverage well.

I'd like to know what you think of this. I would very much appreciate it.

Thanks a lot,