Bitcoin is a global form of digital currency. Unlike traditional currencies, which were frequently backed by gold and silver, bitcoin is based on distributed computing. While traditional currencies are printed by central banks, bitcoins are created or "mined" by distributed computer networks.
Bitcoin differs from traditional currencies is that it is decentralized, meaning that it is not controlled by any single institution. As a result, miners around the world create new units of the currency and confirm its transactions.
Ethereum, is a decentralised platform that runs smart contracts.
Ether is the digital currency used by Ethereum. Ether is the fuel or "gas" used to pay for transactions made on the Ethereum platform. Ether gives participants a reason to contribute resources used by the platform, thereby ensuring a robust network. Further, it provides developers with incentive to write efficient code, as inefficient software programs are more expensive.
DIRECTIONAL TRADING
With FXCM you can open long and short positions and trade potential market moves in either direction
NO CRYPTO WALLET OR COLD STORAGE
Trading Crypto CFDs means that no physical delivery of the coin is required and profits and losses are credited or debited to your account instantly.
LOW COST OF ENTRY
Micronized CFD contracts allow you to place trades in fractions of an actual coin, which lowers the minimum margin required to enter a position.
TRADE WITH LEVERAGE1
2:1 Leverage Available. Control the position size of your choosing requiring only half the necessary funds.