Cryptocurrencies
Trade CFDs on Cryptocurrencies and benefit from tight spreads and fast order execution.
*Not all currency pairs are represented here. You can find the entire list on our trading platform
EXPERIENCE CRYPTO TRADING ON OUR PLATFORM
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User-Friendly Interface
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Advanced Charting
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Risk Management Tools
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Multi-window Mode
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Multiple Order Types
LEARN MORE ABOUT CRYPTO TRADING
Explore our valuable educational resources and advanced trading tools.
What is
CRYPTOCURRENCIES
The cryptocurrency market is made up of various types of assets, including Bitcoin, Ethereum, Litecoin, and many others. The market is highly volatile and traded globally, making it one of the most popular financial markets. With an average daily trading volume of over $200 billion, the cryptocurrency market is also highly liquid.
Cryptocurrency trading is done through buying and selling of digital coins, with each representing a specific asset or token. The market is traded over-the-counter (OTC), meaning there is no centralized exchange, and each exchange is providing its own quotes, with the global market acting as the point of reference for the quotes provided.
Araxa Capital is an online trading platform that offers its clients access to the cryptocurrency market. We provide traders with the ability to buy and sell cryptocurrencies, allowing them to profit from price movements without having to physically purchase and exchange the underlying assets.
Cryptocurrency is quoted in pairs, with each representing a specific token or asset. The first currency is called the 'base' currency (representing the volume you wish to trade), and the second is called the 'term' or 'quote' currency (representing the current exchange rate).
For example, the price of BTC/USD represents the amount of US dollars that can be exchanged for one Bitcoin.
BTC/USD = 46,891.20
This means that currently, one Bitcoin is equal to $46,891.20.
Prices are constantly fluctuating based on market conditions, news events, and other factors.
To put it simply, traders would go long if they believe that the base currency will rise in value against the term currency and would profit from an increase in price. On the other hand, if traders believe that the value of the base currency will fall in relation to the term, they will place a sell trade to try to profit from falling prices. If prices move in the opposite direction to the traders' forecast, they will make a loss.
Cryptocurrency trading is typically calculated in Satoshis or other fractions of a digital coin, meaning that depending on your trade size, each Satoshi is equal to a specific monetary value of the 'term' currency. This value is used to determine the profit or loss based on how many Satoshis you gain or lose in a trade and is also used to display spread (the difference between the bid and ask prices).
At Araxa Capital, we offer fractional pricing for cryptocurrency trading, allowing us to offer tighter spreads and provide more accurate pricing.
If you are new to online cryptocurrency trading, we recommend going through our online educational section to familiarize yourself with the market and how trading works. We also provide 'watch and learn' videos and PDF guides to help you get started with cryptocurrency trading.