Crypto Currencies are digital / virtual currencies used for secure and instant transfer of “value” on a global basis.
They are operated by a decentralized authority (peer to peer) thus characterized by lower transaction fees compared to the existing online payment networks. Crypto Currencies are powered by its users, without the need for intermediaries or central authorities.
An example of Crypto Currencies is the Bitcoin.
Crypto Currencies are used for payments by numerous businesses and individuals.
The price of a Crypto Currency is based on demand and supply.
Crypto Currencies trading, through CFD’s, has become very popular since you can easily trade it against the most popular currencies (USD, EUR and other). The specific market is highly volatile.
Potential Investors should be aware of the following:
Transactions on Crypto Currencies are not covered by the “Athens Stock Exchange Members Guarantee Fund”.
Crypto Currencies are not considered nor regulated as a financial instrument according to MIFID, thus they are not supervised by any capital market competent authority.
|INSTRUMENT||Spreads (as low as)||Leverage (up to)*||Size of 1 Lot||Trading Hours (GMT)|
|BTCUSD||150 (USD)||1 : 5||100||00:00 - 24:00|
*The product is available only for Polish customers.