We’re excited to announce the launch of CFDs (Contracts for Differences), an all-new crypto derivatives trading feature, now available in the Crypto.com App!
CFDs are designed to mimic trading an underlying asset, but instead of owning it, you are getting exposure to its price movement. This means you predict whether the asset will rise or fall and profit if you’re correct. CFDs allow for leverage, letting you get more from your capital as you only have to deposit a fraction of your position’s value to trade.*
You can go long or short with up to 20x leverage for CFDs in the Crypto.com App, and there are contracts for over 40 different cryptocurrencies available – the most offered anywhere.
Other benefits of trading CFDs include:
- Diversify Your Trading Portfolio: Flexibly enter both large and small positions
- Trade Anytime, Anywhere: Enjoy seamless trading 24/7 on a mobile-first platform
- Intuitive Interface: View your profit and loss in real time
Here’s how to trade CFDs:
- Ensure your CFD Wallet is sufficiently funded
- Select an underlying asset to trade, such as BTC or ETH
- Predict whether the price will go up (go ‘long’) or down (go ‘short’)
- Open a position. If your prediction is correct, you will be in profit.
CFDs in the Crypto.com App are fully regulated.
You can trade CFDs in just three steps. Watch our step-by-step video to learn how.
CFDs are currently available in select jurisdictions. Visit the FAQ for details.
Useful Resources:
- Video introduction to CFDs
- Step-by-step video guide on trading CFDs
- University Article about CFD trading
- CFDs FAQ
Not a Crypto.com App user yet? Download it here.
*Trading CFDs involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading CFDs is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results.
