Crypto CFDs

Cryptocurrencies (also known as coins or tokens) are digital currencies based on cryptographic processes and represent a new class of digital assets that can act as a medium of exchange. The ownership as well as the exchange of a cryptocurrency is stored in a decentralized database - the so-called blockchain. A blockchain is a public transaction database and uses cryptographic procedures to confirm and execute all transactions. 

From this, quite a few "cryptos" with different technologies have developed and established themselves over the last few years. Cryptocurrencies can be traded on both centralized exchanges (CEX) and decentralized exchanges (DEX) and continue to grow in popularity. 

Crypto CFDs thus consist of a contract for difference as a trading instrument with a crypto asset as the underlying. By trading crypto CFDs it is possible to speculate on rising and falling prices of the underlying.