Hello everyone,
I hope you all do well And you will be enjoying good health By the grace of God.This is the my first post in Crypto Accademy.This is my post special for Sir @kouba01 from Tunisia.Sir, I have read your complete post which I found very informative And I have benefited a lot from this post.And today we will argue about 'Cryptocurrency Contracts for differece(CFDs) trading'.
So now let's start.

Source
There are some questions in this post, whose answers are Following.
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(Question -1)

What is Cryptocurrency CFDs?

It has proved to be quite attractive to traders. They has great intersted in CFDs.
Simply the Contract for Difference(CFDs) is kind of trading on the cryptocurrency.It is an asset that In any case, you do not owner of that asset.But it is the relationship between the invesitor who have invested on this asset and the broker in the forms of stocks and shares.

We set apoint direction and take the asset which we bought or sell
It we crade in this situation we have to face the two different thing that are called

• Long position
• Short position

(Long Position)

If we expect the price of the cryptocurrency rises in future.Your efforts are fruitful when the scale limit of trading got to the high rate.And the benifit may be doubled.So,it is said to be long position or and also said to be Purchase.

(Short Position)

In the situation of decreases the price of asset you get loss.So there is solution in taht case.
If the price decreases you may purchase the asset and when the rate beacoms high then you get benefit to share or sale it.So this process is known as Short Position or also called the Sell.
So both processes are useful if we have an idea of the trading and price for casting which may becomes high and low.
And by this we adopted the way of the buying and seling the assests.

(Question 2)

How do I know if Cryptocurrency CFDs are suitable for my trading strategy?

As compare to the famouse crruncies like BTC and ETH it is really a safe for the future.It gives us security like other famous crruncies and they are very benificial.It protects our ammount.

Working And Contracts

First of all the investor select the asset that the broker wanted for the trading.When the asset being selectet then the important work starts.Then the broker have the ability to work for long time or short time.If the broker had the fear for the hacked the account then he select the short position.
And if the broker had to work there for a long time so he chose the Long position.
Then they Invest the desired amount of money vairing broker to the another person who want to work at this platfarm.
The broker has ability to close or open the trading.The trading is also set to be automatically.So both processes are under to be the broker he can open or close the right position on its on as well as automatically.
So at the end the invesitor and the broker check the benifit that is obtained from the trading and devide among themselves.

(Question 3)

Are CFDs risky Financial products?

Yes the Contract For Diffrence CFDs is very Risky.Most of the people say not to use the Leverage and the Margin trading.So the CFDs is based on the Margin trading And the Leverage.
Both are the risky processes.So it is important to keep in knowledge about the two processes.

• Leverage
• Margin Trading
  Both processes give the maximum return but in the other hand gives the loss also in the form of negative value of the asset.These processes change our minimal invested amount into the maximum amount which is returned.If the trading went to the minus value then it it can be make the negative amount in your account.
  This is just like that amount which is borrow from anyone.So it may cause the vast loss then the benifit.

(Question 4)

Do all brokers offer Cryptocurreuncy CFDs?

Not at all the broker do not offers the Cryptocurrencies in CFDs in their trading.Because they offered the top and famous cryptocurrensies while the CFDs is not a famous and top currency at all.Thats why they don't used to offere the CFDs.In the Pakistan there are many brokers that offers the CFD trading at the platfarm.Some them are following

• IG
• Ava Trades
• eToro
• SpreadEx

(Question 5)

Following are the steps that I adopted to trade are:
First of all go to your browser and serch the eToro.And clik it..

Then open the eToro website.

Here click the Join Now option.

Here comlete all the boxes like username etc.

Then go to your profile and there you see the option Complete your Profile (option)

After completing your profile (option) go to virtual port folio(option).Here click the Go To Virtual Port Folio (option).

Here you can see the watch list where you can select any intrested CFDs for trading.

So here I select the TRX token because I feel interested in it.Click on the order now option.

You can see the TRX in your Virtual Port Folio.

These are the steps to follow to trade any CFDs trading.

Special Thank

@kouba01

Regard

@numanfarooq7677