Cryptocurrencies

cryptocurrencies trading

Why Trade Cryptocurrencies in UK with Avatrade

AvaTrade offers all traders the opportunity to trade a wide range of top-ranked digital coins 24/7. Due to the massive popularity of cryptocurrencies over the past couple of years, they have become a conventional and popular asset. The main purpose of this new technology is to allow people to buy, trade and invest without having to rely on banks or any other financial institutions.

Don’t miss your opportunity to trade Cryptocurrencies CFD’s with the UK’s #1 fully regulated broker today! Enjoy high leverage and the benefits of trading Cryptocurrencies with award-winning broker!

Why Trading Crypto in united kingdom?

  • Start trading with as little as
  • Benefit from a wide range of today’s top traded cryptocurrencies
  • Competitive swap rates
  • You can go short (SELL) a crypto and potentially profit when its price drops
  • No risk of wallet hacking or theft
  • Up to leverage
  • Around-the-clock service and support in 14 languages
  • Live quotes and charts for your reference
  • Trade on the Powerful MT4 Platform
  • Seize market opportunities on the go with the AvaTradeGO app

Cryptocurrency Trading in UK at Avatrade vs. Crypto Exchange

Feature AvaTrade UK Exchange
Onboarding/registration process Traders can start to trade immediately Opening an account directly is a lengthy process
Speed of opening a trade position Immediately Each trade is confirmed via an arbitration panel and takes up to 30 seconds
Regulation AvaTrade is Regulated on 5 continents and continuously monitored Cryptocurrency exchange are not subject to regulatory authorities
Earning potential Potentially profit even when markets are moving downward Earn only when the traded asset is on an upward trend
Security No risk of hacking or cryptocurrency wallet theft High risk of hacking and cryptocurrency wallet theft
Trade execution Immediate Clearing house required
Liquidity Extremely liquid Liquid
Commissions None Mandatory

Today’s Most Popular Cryptocurrencies:

Here are Today’s Most Popular Cryptocurrencies:

bitcoin trading - how to trade bitcoin

Bitcoin, Bitcoin Cash and Bitcoin Gold

Bitcoin

This mega-powerful currency has not only opened the gate for other currencies, but also leads the cryptocurrency world with pride. It is governed to make sure no extra Bitcoin is produced, as a maximum quantity of 21 Million Bitcoin units was agreed to. When introduced, the rate was $1 to 1,309 BTC. The wheel has turned, and when Bitcoin reached the all-time high of $19,783.21 in 2017, it was certainly a meaningful milestone for Satoshi Nakamoto, the creator of Bitcoin.

Bitcoin Cash (BCH) was created by the Bitcoin hard fork on August 1, 2017, resulting in a new version of the blockchain with different rules. By switching from the main Bitcoin blockchain to a new version, the software now has a capacity for a larger number of transactions.

Bitcoin Gold (BTG) is the second fork from Bitcoin (i.e. the second version to stem from Bitcoin’s source code). It retains Bitcoin’s transaction history, meaning that if you owned Bitcoin before the fork, you now own the equal amount of Bitcoin Gold. This cryptocurrency aims to introduce an alternative mining algorithm that is less susceptible to ASIC-based optimization, therefore allowing users to earn more with their computer cycles.

Alt-Coins

Altcoins is the general term associated with the cryptocurrencies launched after Bitcoin’s success. At first, these were mere copies mimicking the original Bitcoin. Today, there are over 1,000 of these, and the list just keeps growing. Most crypto coins are launched following an ICO (Initial Coin Offering – a form of crowdfunding) in which the developers raise cash by offering a limited number of initial coins to finance technological development. So far, besides the list below, we can find names, such as Namecoin, Peercoin, Bytecoin, Deutsche eMark, Novacoin, Cryptogenic Bullion, Quark, DarkCoin and Mangocoinz (for smartphones).

Ether (ETH) trading at AvaTrade

Ethereum

Ethereum (ETH) is more than just a currency – it’s like one giant computer housing many computers around the globe. Ethereum can respond to sophisticated requests. Its ability to store revolutionary computer programs, known as smart contracts, gives Ethereum an edge over Bitcoin and has attracted attention from banks around the world. This, among other factors, has led to a jump of almost 10,000% in 2017!

Litecoin (LTC) trading at AvaTrade

Litecoin

Litecoin (LTC) is similar to Bitcoin in many of its characteristics and is also one of the more veteran cryptocurrencies out there. However, there are two main differences between Litecoin and Bitcoin: Speed and amount. While it takes 10 minutes to create a Bitcoin block, Litecoin demands roughly 2.5 minutes to create a block – meaning 4 times the speed. Moreover, Litecoin attracts many users, as it can produce 4 times the quantity of Bitcoin! However, as Litecoin uses highly complex cryptography, often mining it is more complicated than other cryptocurrencies.

Ripple (XRP) trading at AvaTrade

Ripple

Ripple (XRP) can be described as the next generation of payment networks. Originally set up to engage financial industry leaders, the digital currency has been a leading technology so far. This cryptocurrency exploded in 2017, going from $0.0063 to over $1.

EOS trading at AvaTrade

EOS

The e-coin that is considered Ethereum’s biggest competitor. The EOS blockchain gained its fame because of the way it effectively records and secures transactions. It is similar to the Ethereum blockchain but faster, more scalable, and allows users to build decentralized applications more efficiently. Market analysts are promoting the currency as ‘The Most Powerful Infrastructure for Decentralized Applications’ and expect the coin to be dumped and pumped, which could provide some interesting short-term opportunities.

What Makes Cryptos Ideal for Trading in UK?

Cryptocurrencies allow traders to diversify their investment portfolio, as their price is mainly determined by demand and supply; Their value has a low correlation to national economies or political scenarios. Once Bitcoin surpassed the price of gold in 2017, US markets introduced 2 ETFs on Bitcoin and drew more and more institutional money into the world of cryptocurrencies. In 2017, Indian PM Narendra Modi has announced the gradual replacement of paper trading with electronic currency; In March 2018, the Marshall Islands announced that they would be introducing a cryptocurrency to replace US dollars as their main currency; other central banks are investigating the adoption of blockchain-like technologies… in short cryptocurrencies are probably here to stay. A growing number of crypto investors all over the world have already discovered the benefits:

  • Cryptocurrency trading in UK allows traders to diversify their investment portfolio, as cryptocurrency price is mainly determined by market sentiment, demand and supply
  • Benefit from a wide range of today’s top traded cryptocurrencies
  • e-coins offer a new form of high-volatility investment
  • Cryptos are traded 24/7, even during the weekend

Trade cryptocurrencies with the UK’s #1 fully licensed and regulated forex broker today, & enjoy high leverage and the benefits of trading with award-winning broker!

Please note: The cryptocurrencies market’s high volatility may offer endless trading opportunities, but also high risk of loss.
Due to price fluctuation, certain crypto pairs may be suspended and/or removed from our trading platforms periodically.
Please see our crypto trading conditions page for available crypto currencies.

When trading with AvaTrade you are trading on the price changes of the digital coin, and not physically purchasing it.