A cryptocurrency is a digital or virtual currency secured by cryptography. This assurance makes
fraudulent or double-spending nearly impossible. Many cryptocurrencies are stored in account
logs held on decentralized networks based on blockchain technology.

A defining feature of cryptocurrencies is that they are generally not offered by any central authority and are
theoretically unaffected by governmental intervention or manipulation.

Investing in Bitcoin or other cryptocurrencies can be scary at first glance. Even if the news such
as fraud in this area are true; Nowadays, it is extremely safe to invest in and trade crypto
currencies.

Speculators are sophisticated investors or traders who purchase assets for short periods of time
and use strategies to profit from changes in price. Speculators are important to markets
because they bring in liquidity and take on market risk.
Unlike other asset classes such as Forex, Stocks, Commodities; retail speculators dominate the
cryptocurrency market.

The IC Markets Cryptocurrency CFD product allows traders to move long or short without
holding assets in cryptocurrency. This means that traders can see the cryptocurrency equivalent
without worrying about the security risks of storage and counterparty risk in the exchange.

With IC Markets Cryptocurrency CFDs, you will trade in a market where there is no central
bank intervention, no interbank dealers or huge pension funds that control the order flow.

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