A cryptocurrency is a digital currency created through code. They operate autonomously outside the confines of traditional banking and government systems.
Cryptocurrencies are very different from traditional fiat currencies. Still, you can buy and sell them like any other asset. You can now also trade the price movements of various cryptocurrencies using CFDs
How do cryptocurrencies work?
Cryptocurrencies mainly rely on blockchain technology to complete transactions through complex P2P networks. Once a transfer request enters the network, it is validated by the network and added to a pool of other transactions, creating a block for the ledger, which is then entered into the existing blockchain. Once the block is successfully added to the chain, the transaction is approved and completed.
Why choose to trade cryptocurrencies on CFG?
We offer over a dozen top-notch deposit and withdrawal options including Visa, Mastercard, WebMoney and more.
PNC offers web, desktop, iOS and Android apps so you can trade crypto assets anytime, anywhere
Short selling a digital asset allows traders to benefit from market movement by gaining more control over their trades
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