Crypto trading explained: Everything you need to know

Most of us use digital money every day. Consider the moment when you tap your card or make an online purchase. But what if money could exist purely in digital form, without banks or governments controlling it? That’s where cryptocurrency comes in.

This comprehensive guide takes you through the entire landscape of crypto trading, from understanding what cryptocurrency is to exploring trading methods, key coins, and how to begin trading crypto responsibly on Deriv.

Quick summary

  • Cryptocurrency operates through blockchain technology, a transparent system that secures and verifies transactions without the need for a central authority.

  • The world of crypto trading offers two primary paths: owning coins directly or speculating through CFDs and multipliers, each with its unique opportunities and risks.

  • Around-the-clock markets and borderless access make cryptocurrency trading one of the most flexible financial arenas available to traders today.

  • Major cryptocurrencies, such as Bitcoin, Ethereum, and Tether, shape the ecosystem, each serving distinct functions, from serving as digital gold to powering smart contracts.

  • Platforms like Deriv make crypto trading accessible, combining regulation, platform safeguards, and trading tools for different experience levels.

  • Effective participation in crypto trading requires education, discipline, and sound risk management to navigate market volatility responsibly.

Read the full guide HERE