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- BTCUSD Bitcoin vs US Dollar
- BCHUSD Bitcoin Cash vs US Dollar
- LTCUSD Litecoin vs US Dollar
- ETHUSD Ethereum vs US Dollar
- DSHUSD Dashcoin vs US Dollar
- XMRUSD Monero vs US Dollar
- XRPUSD Ripple vs US Dollar
- ZECUSD ZCash vs US Dollar
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What are cryptocurrencies?
Cryptocurrencies are digital currencies operating without the interference of banks or any other financial institution.
Why trade cryptocurrencies with Teletrade?
Teletrade is an EU regulated broker with more than two decades of global presence, it is guaranteed that you are trading with a 100% trustworthy broker. Furthermore, Teletrade has received numerous awards from the most prominent financial bodies worldwide.
More reasons to start trading cryptocurrencies with Teletrade today are:
- An impressively wide variety of cryptos.
- Detailed Analytics.
- Multilingual Customer Support 24/5.
What is Bitcoin?
Bitcoin (BTC) is the first digital currency. It was created in 2009 by Satoshi Nakamoto and introduced the concept of cryptocurrencies worldwide.
What is Bitcoin Cash?
Bitcoin Cash (BCH) is a hard fork of the Bitcoin, launched on the 1st of August 2017, which led to the generation of a new blockchain with different rules.
What is Dashcoin?
Dashcoin (DSH) is a cryptocurrency that was forked out of Bitcoin aiming at providing faster and more anonymous transactions to traders. Dashcoin was developed to give solutions to some weak features of Bitcoin.
What is Ethereum Classic?
Ethereum Classic (ETC) is a decentralized open-source platform running smart contracts. That is to say, applications operating precisely as programmed without any possibility of downtime, censorship, fraud or third-party intervention.
Ethereum Classic is an elaboration of the original Ethereum blockchain, the typical version of maintaining untampered history, free from external intervention and subjective tampering of transactions.
What is Ethereum?
Ethereum (ETH) is a decentralized software platform which enables smart contracts (scripting) and Distributed Applications (DApps) to be developed and perform without any downtime, fraud, control or intervention from a third party.
Ethereum is something more than a platform- it is also a programming language (Turing complete) running on blockchain, assisting developers in generating and publishing distributed applications. The spectrum of Ethereum potential application is considerably wide.
What is Litecoin?
Litecoin (LTC) was created by Charlie Lee, an MIT graduate and former Google engineer based on Bitcoin model. Litecoin differs from Bitcoins in aspects like faster block generation rate and use of scrypt as a proof of work scheme.
Litecoin is based on an open source global payment network which is not controlled by any central authority.
What is Monero?
Monero (XMR) is an open-source cryptocurrency created in 2014, focusing on privacy, decentralization and scalability. Security and privacy are secured by applying a special kind of cryptography.
What is Ripple?
Ripple (XRP) was launched in 2012 and co-created by Chris Larsen and Jed McCaleb. Ripple functions both as a cryptocurrency and a digital payment network for financial transactions.
What is ZCash?
ZCash (ZEC) is a cryptocurrency which ensures a higher degree of anonymity and privacy, for its users and their transactions.
Risk Warning: Investment services are provided by TeleTrade-DJ International Consulting Ltd, a Cyprus Investment Firm under reg. number HE272810 operating in accordance with MiFID, under license 158/11 by the Cyprus Securities and Exchange Commission. Trading in leveraged derivative financial instruments carries a high level of risk and may not be suitable for all investors. Past performance is not a reliable indicator of future results. Indiscriminate reliance on informational or historical materials may lead to losses.
Crypto-currencies are extremely volatile and their price can change abruptly due to reasons such as temporary lack of liquidity in the market, news related to regulatory developments, or issues with the mining infrastructure. TeleTrade only quotes and executes orders in CFDs on crypto-currencies during the week, Monday to Friday, whereas substantial price changes may also take place in the market during weekends. Pricing of crypto-currencies may not lend itself to traditional fundamental valuation. The above factors make trading in crypto-related instruments subject to additional risks that may result in significant losses over a short period of time, and thus may not be appropriate for retail clients who lack adequate prior exposure to this specific product. Crypro-currency derivatives are not covered by the MiFID, and there is no specific EU regulatory framework to govern trading in such products or ensure specific protections under the Investors Compensation Fund.