Post No. 82289

  • Good day Investors,

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    For comparison, the Chicago Mercantile Exchange (CME), which launched Bitcoin futures products during the same period, depends on the so-called Bitcoin Reference Rate.

    Trading directly on CME is not possible unless you are a broker yourself. Note: Each CBOE bitcoin futures contract relates to the underlying price of one bitcoin. According to the CME Group, in December the average daily trading volume was about 1,600 contracts. 

     

    A CFD can be used to hedge other investment portfolios due to this too.

    When you open a CFD demo account, you’ll be granted immediate access to a demo version of the platform, along with a pre-set balance of ‘virtual money’ to practice. The idea is to recreate the experience of a real trading environment as closely as possible so that you can get a real feel for how the platform works, as well as the different assets you can deal on and the kind of strategies and techniques you can exercise. The main difference is you won’t be using real money so that you can explore and experiment with confidence. But demos aren’t just for newcomers. Experienced traders often like to use demo accounts to try out new tools or ideas, safe in the knowledge that they won’t result in any real-world losses.

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