# Trading crypto pairs

**URL:** <https://community.deriv.com/t/trading-crypto-pairs/36185>\
**Category:** Deriv Trader\
**Created:** [September 9, 2022, 7:24am UTC](https://community.deriv.com/t/trading-crypto-pairs/36185 "2022-09-09T07:24:43Z")\
**Posts on this page:** 2\
**Page:** 1

<div class="post-metadata">

**Author:** ![Sakina\_derivadmin](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/sakina_derivadmin/32/5512_2.png) [@Sakina\_derivadmin](https://community.deriv.com/u/Sakina_derivadmin)\
**Post date:** [September 9, 2022, 7:24am UTC](https://community.deriv.com/t/trading-crypto-pairs/36185/1 "2022-09-09T07:24:43Z")

</div>

Dear Members,

Trading cryptocurrency pairs is very similar to trading fiat currency pairs on forex. Let’s see how it works, taking the BTC/USD pair (Bitcoin against the US dollar) as an example.

If you predict that the value of Bitcoin will rise against the US dollar, you can open a buy trade and get a payout if your prediction turns out to be correct. Similarly, you can go for a sell trade if you think that the value of Bitcoin will fall.

Here is how it works in a nutshell:

[![How Does Cryptocurrency Trading Work](https://us1.discourse-cdn.com/flex020/uploads/deriv/original/2X/f/fa431db3f285179d97dfec1558fdb43c3965c15f.jpeg)](https://deriv-academy.directus.app/assets/67596176-f2c1-4ee8-a70f-defe689c0a7d)

On Deriv, you can trade cryptocurrencies by going long and going short with [CFDs](https://deriv.com/academy/videos/?t=what-is-cfd-trading%3F) or [multipliers](https://deriv.com/academy/blog/posts/deriv-multipliers-how-they-work/) and profit from the price movements of assets without buying or owning the actual digital coin

If you have any questions, please visit our Help Centre or contact us via Live Chat and WhatsApp.

> **[Online trading with Deriv | Simple. Flexible. Reliable.](https://deriv.com/help-centre/)**
>
> Trading platforms designed with you in mind.

---

<div class="post-metadata">

**Author:** ![Sakina\_derivadmin](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/sakina_derivadmin/32/5512_2.png) [@Sakina\_derivadmin](https://community.deriv.com/u/Sakina_derivadmin)\
**Post date:** [September 9, 2022, 7:29am UTC](https://community.deriv.com/t/trading-crypto-pairs/36185/2 "2022-09-09T07:29:40Z")

</div>


