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About
History
Differences between Investing vs Trading
About
History
Differences between Investing vs Trading
Bitcoin Cash is a cryptocurrency that was created as a fork of the Bitcoin blockchain. It is now its own separate currency, with its own market and value.
The main difference between Bitcoin and Bitcoin Cash is the block size limit. Bitcoin has a 1 MB block size limit, while Bitcoin Cash has an 8 MB block size limit. This means that more transactions can be processed on the Bitcoin Cash network, which is why it is sometimes referred to as "the faster version of Bitcoin".
Whether or not Bitcoin Cash is a better investment than Bitcoin is up for debate. Some people believe that the larger block size limit will make it more scalable and practical for everyday use, while others believe that it will simply lead to more centralization due to the fact that larger blocks are harder for individual miners to process.
Only time will tell which currency comes out on top. In the meantime, you can trade both Bitcoin and Bitcoin Cash on the USD exchange.
The price of Bitcoin Cash (XBNUSD) has been on a roller coaster ride since its inception. In December 2017, the price reached an all-time high of over $4,000. Since then, the price has dropped sharply and fluctuated between $200 and $600.
Despite the volatility, some investors believe that XBNUSD is a good investment because it has a lot of potential. For one, the block size of Bitcoin Cash is 8 times bigger than that of BTC, which means that it can handle more transactions per second. Secondly, Bitcoin Cash is supported by a number of major exchanges and wallets.
Investors should be aware of the risks before investing in Bitcoin Cash. The price of Bitcoin Cash is highly volatile and could drop significantly in value. Moreover, the future of Bitcoin Cash is uncertain as there is still disagreement among the BTC and Bitcoin Cash communities about which version of Bitcoin is superior.
When it comes to Bitcoincash, there are two main ways to get exposure to the asset - through CFD trading or investing. Both have their own set of risks and rewards, so it's important to understand the difference before deciding which route is right for you.
Investing in Bitcoincash means buying the actual asset and holding it for a long-term period. This can be done through a variety of exchanges and wallets. The main advantage of this approach is that you'll be able to reap the full benefits of any price appreciation. However, you'll also be exposed to the full extent of any price decline, so it's important to be comfortable with the risks involved before taking this step.
CFD trading, on the other hand, allows you to speculate on the price of Bitcoincash without actually owning the asset. This means that you can take a long or short position, depending on your market view. CFD trading also offers leverage, which means you can trade with a larger position than you would otherwise be able to afford. However, this also amplifies your potential losses, so it's important to use stop-losses and limit orders to manage your risk effectively.
Overall, both investing and CFD trading have their own advantages and disadvantages. It's important to understand these before making any decisions about how to get exposure to Bitcoincash.
| Swap long | [[ data.swapLong ]] points |
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| Swap short | [[ data.swapShort ]] points |
| Spread min | [[ data.stats.minSpread ]] |
| Spread avg | [[ data.stats.avgSpread ]] |
| Min contract size | [[ data.minVolume ]] |
| Min step size | [[ data.stepVolume ]] |
| Commission and Swap | Commission and Swap |
| Leverage | Leverage |
| Trading Hours | Trading Hours |
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Trade [[data.name]] with Skilling
The most popular and trending cryptocurrencies, all in one place at the right time.
- Trade 24/7
- Minimum margin requirement below ~3$
- Spreads of just $0.50 on BTC - lower on other crypto! Plus a super low trading fee of 0.1%/side
- No withdrawal fees
- Diversify! 900+ instruments to choose from
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying crypto asset.
Crypto CFD
Physical Crypto
Capitalise on rising stock prices (go long)
Capitalise on falling crypto prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
No need to own the asset or have an exchange account
No exchange fees or complex storage costs
Just lower commissions in the form of spreads and a small taker-fee
Manage risk with in-platform tools
Ability to set take profit and stop loss levels