Are you interested in bitcoin, cryptocurrency, or blockchain? When it comes to finding the best cryptocurrency websites, you might feel like you are looking for a needle in a haystack. There are so many great resources out there these days. But, finding them can be tricky. The good news is that I've done this for you! After years of searching, I've finally rounded up the best crypto links around. Most importantly, all of these sites are designed to help you learn more about bitcoin and cryptocurrencies. Some of them I've even used personally. This list is growing all the time, so bookmark it and come back every once in a while to see what's new.
IG is a contracts for difference (CFDs) broker which facilitates trading in a number of different products including cryptocurrencies. IG is a public company which is listed on the FTSE 250. CFDs enable traders to speculate on an asset without actually owning the underlying asset. CFDs allow traders to apply large amounts of leverage and also to take short positions. This is a benefit as most cryptocurrency trading services do not enable traders to take short positions.
IG offers a number of different cryptocurrencies CFD products but fewer amount than main competitors such as eToro and IQ Option. The products include Ripple, Bitcoin, Litecoin, Ethereum, NEO, Stellar, and EOS. However, they can be traded against a number of fiat currencies including EUR, GBP, and USD.
The fees vary per product but the spreads are more generally more liquid than competitors products with many spreads being in the range of 0.5%. Competitors such as IQ Option have spreads above 10%. Nightly financing fees are applied which are relatively low compared to competitors. The fees vary per product. For Bitcoin, the nightly financing fee is close to 0.05%. Margin requirements are different for professionals and non-professionals. Non-professionals have to put up a margin of 50% the position value. Professionals can apply more leverage with the capability to put up less margin. The minimum margin for professionals varies per product. For bitcoin, the margin for professionals is 13.5%. Professionals are professional clients of IG.