Cryptocurrencies – Ohio Markets

Cryptocurrency Trading Via CFDs

Trade popular cryptocurrencies like Bitcoin, Ethereum, and more through CFDs with your Ohio Markets account.

What Are Cryptocurrencies?

Cryptocurrencies are digital assets designed to function as a medium of exchange using blockchain technology. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralised networks, making them independent of central banks or financial institutions.

Each cryptocurrency exists as a digital token on a blockchain and can be transferred securely and transparently between users. Bitcoin was the first cryptocurrency, followed by thousands of others such as Ethereum, Litecoin, and Ripple.

Cryptocurrencies vs Digital Tokens: What’s the Difference?

The term “cryptocurrency” typically refers to digital currencies created for payments and value transfer (e.g., Bitcoin).
Digital tokens may also support additional use cases such as smart contracts, decentralised applications, or blockchain ecosystems (e.g., Ethereum).

Think of the crypto market as a digital economy:

Bitcoin is often referred to as digital gold
Ethereum powers smart contracts and decentralised applications
Other tokens serve specialised roles within blockchain networks

Cryptocurrency prices are influenced by factors such as adoption, regulation, technological developments, market sentiment, and global economic conditions—often resulting in significant volatility.

Popular Cyrptocurrecy CFDs to Trade

Why Trade Cryptocurrencies?

Cryptocurrency markets are known for their high volatility, which can present trading opportunities in both rising and falling markets.

By trading cryptocurrency CFDs, you can:

Speculate on price movements without owning the underlying coins
Take long (buy) or short (sell) positions
Trade without the need for a crypto wallet or exchange account
Use leverage to gain greater market exposure (which can amplify gains and losses)

With Ohio Markets, you can trade leading cryptocurrencies via CFDs with competitive spreads and flexible trading conditions, without owning the underlying digital assets.

Other fees may apply.

How to Trade Cryptocurrency CFDs with Ohio Markets

Looking to trade Bitcoin, Ethereum, or other popular cryptocurrencies via CFDs? Ohio Markets provides access to a wide range of crypto markets through a simple and powerful trading platform.

Getting Started Is Simple:

Open an Ohio Markets Account
Register and verify your account to access cryptocurrency CFD trading.
Select Your Cryptocurrency Market
Choose from major cryptocurrencies such as BTC, ETH, and other popular digital assets.
Analyse the Market
Use price charts, technical indicators, and market news to identify trading opportunities.
Place Your Trade
Go long if you expect prices to rise, or go short if you anticipate a price decline.
Manage Your Risk
Set stop-loss and take-profit levels to help manage volatility and protect your capital.