Cryptocurrencies

Trade Crypto Currencies with MYFX Markets

Unlock the World of Cryptocurrency Trading with MYFX Markets

Welcome to the future of trading at MYFX Markets, where we offer you the exhilarating world of cryptocurrency trading.Discover the advantages of trading cryptocurrencies with us, where we offer a diverse selection of 5 prominent cryptocurrencies and the added benefit of up to 5 times leverage on our award-winning MT4/MT5 platform.

Bitcoin

CodeBTC

Contract Size1 Coin

Leverage1:5

Open Time00:05 - 23:55

Minimum Trade Size0.01

Maximum Trade Size10 Lots

Bitcoin Cash

CodeBTCASH

Contract Size10 Coins

Leverage1:5

Open Time00:05 - 23:55

Minimum Trade Size0.01

Maximum Trade Size10 Lots

Litecoin

CodeLTC

Contract Size100 Coins

Leverage1:5

Open Time00:05 - 23:55

Minimum Trade Size0.01

Maximum Trade Size10 Lots

Ethereum

CodeETH

Contract Size10 Coins

Leverage1:5

Open Time00:05 - 23:55

Minimum Trade Size0.01

Maximum Trade Size10 Lots

Ripple

CodeRIP

Contract Size10,000 Coins

Leverage1:5

Open Time00:05 - 23:55

Minimum Trade Size0.01

Maximum Trade Size10 Lots

A Currency Beyond Central Control

Unlike traditional fiat currencies such as the US dollar or euro, which are subject to government and central bank oversight (like the US Fed and ECB), cryptocurrencies operate within a decentralised framework. This decentralised system is overseen by the global community and administered through an extensive network of computers leveraging blockchain technology. Consequently, cryptocurrencies remain impervious to government interference or manipulation of their supply and value. Moreover, ownership and trading of cryptocurrencies extend worldwide, transcending any single economy or geographical region.

Ideal for Risk Hedging

Cryptocurrencies, as decentralised and globally traded assets, remain impervious to governmental or organisational control. Consequently, market prices remain untethered to specific country's political or economic shifts, instead being solely governed by the dynamics of supply and demand. This inherent quality makes cryptocurrencies a favoured choice among traders for diversifying portfolios and mitigating risks stemming from political volatility and economic ambiguity.

Unlocking Profit Opportunities

The burgeoning credibility and popularity of cryptocurrencies have ignited remarkable price surges, delivering unprecedented returns for both novice and seasoned traders. Furthermore, the market's high volatility presents enticing profit prospects. It's crucial to acknowledge that this volatility cuts both ways, potentially leading to losses with certain trading decisions. Nevertheless, traders are flocking to the market, eager to partake in this extraordinary growth narrative.

Hedging Against Inflation

Despite the existence of millions of cryptocurrencies in circulation and active trading, their overall supply remains finite. This inherent scarcity factor likens cryptocurrency trading to that of precious assets like gold or diamonds. Cryptocurrencies' inherent scarcity has propelled them into the limelight as a favoured asset for hedging against the erosive effects of inflation.

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