How to Trade Cryptocurrency CFDs in Australia

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Cryptocurrency CFDs are financial instruments that allow investors to speculate on the price of digital assets without actually owning them. In Australia, cryptocurrency CFDs are available through several online brokerages. Cryptocurrency CFDs are traded on margin, meaning that investors only need to put down a small percentage of the total trade value as collateral. It allows for leverage, which can magnify profits – but also losses. Before trading cryptocurrency CFDs, it’s essential to understand the risks. Volatility is one of the critical risks associated with digital assets, and prices fluctuate…