Bitcoin & Ether

The revolution of currency or a storm in a teacup – the jury is still out. We do not judge, we just give you the tools and the platform to trade two of the most popular cryptocurrencies – Bitcoin & Ether.

Bitcoin USD

- Laid the foundations of cryptocurrencies back in 2009

- Main use is as a currency

- 16.65 million units in circulation*

- Market cap: $99 billion*

- Finite supply (once all 21 million bitcoins have been mined)

*October 2017

Ether USD

- Started in 2015

- The platform is used as a base of many decentralised apps

- 95.3 million units in circulation*

- Market cap: $28 billion*

- Infinite supply

*October 2017

Bitcoin USD
Ether USD

Current price:

Click here to review our trading terms.

Why DF Markets?

Trade easily two of the most popular cryptocurrencies; no need for a wallet.

Go long or go short – it’s up to you.

Trade with as low as 20% margin. Make sure you understand the risks of margined trading.

DF Markets is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.

Retail client money is protected by the Financial Services Compensation Scheme (FSCS) up to £50,000.

Trade cryptocurrencies 24/5.

Bitcoin USD
Ether USD

Frequently asked questions

  • 1: What are the cryptocurrencies?

    As they are something relatively new, there are a lot of definitions and interpretations. Generally speaking, cryptocurrencies represent a decentralised application for payments. It is decentralised because, instead of being emitted and governed by a single country, they are supported by thousands of independent servers around the world. These servers’ main purpose is to verify the ongoing transactions, add them to the public ledger (the blockchain), and create the new coins.

    Cryptocurrencies are highly volatile and this makes them attractive instruments for CFD trading. Beware of the high risk of loss.

  • 2: Is it required for one to have a crypto wallet in order to trade cryptocurrencies?

    No, with DF Markets you are trading CFDs (Contracts for Difference) on cryptocurrencies, and your result is formed by the change in prices. You never own actual cryptocurrencies, hence you don’t need a wallet.

  • 3: How is Bitcoin different from Ether?

    The start of cryptorcurrencies was established by bitcoin and its blockchain concept in 2009. It is used mainly as a currency, with 16.65 million units in circulation at the moment and a market cap close to $100 billion*. Its structure allows a finite amount of 21 million bitcoins to exist, so once all of the units have been mined, inflation in the system would be theoretically impossible.

    Ether emerged in 2015 as a cryptocurrency, based on the platform for decentralised applications called Ethereum. While bitcoin has an upper limit of supply, there can be unlimited amount of ethers, so it is susceptible to inflation. As of now, there are 95.3 million ether units with a market cap of around $28 billion.

    * October 2017, Coinmarketcap.com

  • 4: Why exactly Bitcoin and Ether?

    Today bitcoin and ether are the two most popular cryptocurrencies. Bitcoin laid the foundations of crypto's and its market capitalisation represents more than half of the volume of all cryptocurrency transactions. The Ethereum platform is seen as attractive because of its potential versatile applications. Bitcoin and Ether together represent about 2/3 of the total crypto market cap.

  • 5: Can I “short” cryptocurrencies?

    Yes, with DF Markets you can go short (i.e. sell) on these cryptocurrencies.

  • 6: Can I use Stops and Limits?

    Yes. Not only that, but you should. Stops and limits allow you to manage your risk and also semi-automate your trading process, so you don’t have to monitor your positions 24/7. With DF Markets, alongside the stops and limits, you have at your disposal quite a few other special order types, such as Conditional, OCO (One Cancels the Other) and GAT (Good After Time) orders that you may find useful.

  • 7: What are your conditions for trading cryptocurrencies?

    You can trade Bitcoin USD (BTC/USD) and Ether USD (ETH/USD) as CFDs at 20% margin. The maximum position size is 5 units for Bitcoin USD and 60 units for Ether USD. The spreads are variable, starting from $20 for Bitcoin USD and $3 for Ether USD.

    You can read the full trading terms here.

  • 8: An example of cryptocurrency CFD trading

    Let’s say you think the price Ether USD will increase and you want to make profit from its movement; so you buy 10 units of Ether USD. At the moment the price of Ether USD is $300 for 1 CFD.

    The margin for both Bitcoin USD and Ether USD is 20%. This means you have to pay 20% of the price for your $3000 (10 x $300) deal. 20% x $3000 = $600 – this is what you would pay for 10 CFDs on Ether USD.

    If your predictions turned out right and the price of Ether USD indeed rose, let’s say, $10 to $310, you would make profit as you close your positions. Your profit would be $100 (10 x $10).

    If Ether USD dropped $10 instead, you would suffer a $100 loss (10 x $10).

    Please note that the quotes of financial instruments displayed in this example are indicative only and may not reflect the current market rates.