| Online Broker | Minimum Deposit | About |
|---|---|---|
| Plus500 | $100 Minimum Deposit | Plus500 offers Crypto CFD trading at weekend on its user friendly online trading platform About |
| Deriv | $5 Minimum Deposit | Deriv offers weekend Crypto trading on MT5 and its user friendly Deriv X platform About |
| easyMarkets | $25 Minimum Deposit | easyMarkets provides weekend Crypto trading on its user friendly easyMarkets Platform, MT4 and TradingView (with fixed spreads) and on MT5 (with variable spreads) About |
| Trading212 | $29 Minimum Deposit | Trading 212 provides weekend Crypto trading on its user friendly platform About |
| AvaTrade | $100 Minimum Deposit | AvaTrade offer weekend Crypto trading on MT4, MT5 and its user friendly Web Trader About |
| Dukascopy | $1000 Minimum Deposit | Dukascopy Bank offers weekend trading of Crypto CFDs on JForex and MT4, allowing automated Crypto trading About |
Cryptocurrency CFD Weekend Trading
Cryptocurrencies are traded 24/7 on cryptocurrency exchanges around the world. A Cryptocurrency CFD is a contract between the trader and the CFD provider which allows the trader to trade a cryptocurrency without having to own it. This mean that they do not need a wallet, as a wallet is a means of storing and using cryptocurrencies. The trader can go long or short and use leverage (increasing leverage increases risk and cryptocurrencies are extremely volatile). Some brokers allow the trader to trade Cryptocurrency CFDs 24/7, including at weekends, typically with a short break.
What is cryptocurrency ?
Cryptocurrencies are a type of digital currency, used to make payments on the Internet, secured using cryptographic techniques. Cryptography helps ensure that the electronic ledger of transactions in the cryptocurrency remains immutable once it has been written to. Cryptocurrencies are more generally termed as tokens of the network in which they are used. This is because they can have functions other than payments, for example governance or functions related to managing a stablecoin, for example.
The ledger used to keep track of and record transactions in the cryptocurrency is typically created and stored via the Internet, though private networks do exist. The ledger is also typically a blockchain, which consists of blocks of processed data securely connected or chained to each other, but there are other kinds of distributed electronic ledgers used by cryptocurrencies.
There is no central processing facility to process payments in a cryptocurrency. Payment processing happens in different ways depending on the cryptocurrency, for example mining, where miners compete to process transactions to create blocks of data to add to the blockchain and staking where cryptos are staked as a way of ensuring the validity of data.
While different cryptocurrencies use different methods to process payments, the core feature is that payment processing is distributed: processing on a cryptocurrency network is controlled by rules, but there is no central processing system. Significant rule changes can result in a hard fork from a blockcain, creating a new cryptocurrency.
