INGOT Brokers AU | Cryptocurrencies

Cryptocurrencies

Cryptocurrency is a virtual currency that uses cryptography to protect virtual transactions and control the establishment of new units. Cryptocurrencies have many advantages, most importantly; they don’t have a central authority, which means no one can manipulate it or change its features. The second advantage of this type of currency is that it is fully encrypted; in other words, it’s available only in digital form, not physical. Moreover, this currency is invented to make the transactions way faster than other traditional ways.

Traders should know that Cryptocurrencies are mostly paired with the USD using special mathematics programs built to safeguard their networks.

Symbol Spread Minimum fluctuation Margin Contract size Execution Trading hours
BTCUSD Floating 0.1 20% 1 Market Sun. - Fri. 00:00 - 24:00
ETHUSD Floating 0.01 20% 20 Market Sun. - Fri. 00:00 - 24:00
LTCUSD Floating 0.01 20% 100 Market Sun. - Fri. 00:00 - 24:00
XPRUSD Floating 0.0001 20% 5000 Market Sun. - Fri. 00:00 - 24:00
DSHUSD Floating 0.01 20% 20 Market Sun. - Fri. 00:00 - 24:00

Note: Trading hours are based on GMT Time (+1 hour for daylight saving).

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