Why Trade Cryptocurrencies

Digital currencies are increasingly uncorrelated with main market moves, in the same way as gold and the Japanese yen, which allows traders to diversify and hedge their investments.

Trading Characteristics

Compared with traditional assets the market cap of cryptocurrencies, especially the lesser known coins can be limited. The lower levels of liquidity can lead to greater volatility so this needs to be factored into trading. It is one of the reasons cryptocurrencies are increasingly used as part of diverse portfolios, but the risk profile should always be considered alongside other investments.