- The first cryptocurrency, created in 2009
- Used mainly as a currency
- 16.5 million bitcoins in circulation*
- Total capitalisation: $130 billion*
- Supply limited to 21 million units
- Created in 2015
- Many applications of the base platform
- 95 million ethers in circulation*
- Total capitalisation: $32 billion*
- Unlimited supply
Current buy price: 5528.59 -0.9% 297.58 -1.77%
Easy and convenient trading in the two most common cryptocurrencies; no need for a cryptocurrency wallet
Opportunity to trade both upward and downward market movements: open a long position if you believe the price of the respective cryptocurrency will rise, or a short one, if you believe it will fall.
20% margin: ability to multiply your result five times (5x). Ensure you understand the risks.
DeltaStock is a company with close to 20 years of experience on the financial markets, licensed by the FSC in Bulgaria and regulated in the EU under MiFID.
Your assets are protected by the Investor Compensation Fund.
Ability to trade 24/5
Frequently Asked Questions
1. What is a cryptocurrency?
You may come across a thousand definitions but, generally speaking, cryptocurrencies are a decentralised means of making payments. It is decentralised because they are not emitted or governed by a single country – rather, they are supported by thousands of ‘mining’ servers around the world. The job of those servers is to build the cryptocurrencies’ structure by processing the records of ongoing transactions.
The value of cryptocurrencies is constantly increasing or decreasing – and their volatility makes them an attractive trading instruments.
2. Do I need a cryptocurrency wallet in order to trade cryptocurrencies?
No, with DeltaStock you trade CFDs (Contracts for Difference) on cryptocurrencies, so the result is formed from their price changes. You do not own actual units of cryptocurrency.
3. What is the difference between bitcoin and ether?
Bitcoin is the first cryptocurrency, launched in 2009. It is used exclusively as a currency, with 16.5 million bitcoins in circulation at the moment, which makes for a total capitalisation of $95 billion*. Its structure allows ‘mining’ of no more than 21 million bitcoins, which makes this cryptocurrency immune to inflation.
Ether appeared in 2015 as a cryptocurrency for the platform for decentralised applications called Ethereum. Unlike the bitcoin, with ether there is no limitation to the number of ‘mined’ units – i.e. its value is subject to inflation. There are currently 93 million units in circulation, with a capitalisation of about $28 billion*.
4. Why bitcoin and ether?
Currently those are the two most popular cryptocurrencies in the world. Bitcoin was first, while the Ethereum network and its ether cryptocurrency draw attention with their wide array of applications. Even though there are already hundreds of cryptocurrencies, some of which are constantly being joined by other projects, bitcoin and ether represent more than 2/3 of the total volume of cryptocurrencies.
5. Can I go short on cryptocurrencies?
Yes, you can. With DeltaStock you can short cryptocurrencies (i.e. take short positions) and thus benefit from their falling prices.
6. Can I use Stops and Limits?
Yes, you can. Stop and Limit orders can help you manage your risk better and also partially automate your trades, without you having to be online 24/7. DeltaStock’s platform also offers other order types that will be appreciated by more experienced traders.
7. What are your trading conditions on cryptocurrencies?
You can trade Bitcoin USD (BTC/USD) and Ether USD (ETH/USD) as CFDs at 20% margin. The maximum position size for Bitcoin USD is 5 CFDs, and for Ether USD it is 60 CFDs; the target spreads are, respectively, $20 on bitcoin and $3 on ether. View full trading conditions here
8. Example cryptocurrency CFD trade
You believe that the price of ether USD will rise and want to benefit from that movement by buying 10 CFDs on Ether USD. The current price of 1 CFD is $300.
The margin on both Bitcoin USD and Ether USD is 20% - which means that you have to pay 20% of the trade value: $3000 (10 x $300), i.e. only $600.
Let’s say you turn out to be right and the price of Ether USD rises by $10 to $310. In such a case, by closing your position you will realise a profit of $100 (10 х $10).
If, instead of rising, the price of Ether USD falls by $10, you will suffer a loss of $100 (10 x $10).
Note: Any quotes of financial instruments displayed in the example above are indicative only and may not reflect the current market situation.