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Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange. CFD trading on cryptocurrencies CFDs trading are derivatives, which enable you to speculate on cryptocurrency price movements without taking ownership of the underlying coins. Both are leveraged products, meaning you only need to put up a small deposit — known as margin — to gain full exposure to the underlying market.
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All crypto wallets fall into the following two categories: Hot Storage. Cold Storage. The hot wallet is like the wallet you carry around in your pocket.
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While the cryptocurrency industry has been fraught with fraudulent coins and shady exchanges, Coinbase has largely avoided any controversy. Coinbase offers an extremely easy-to-use exchange, greatly lowering the barrier to entry for cryptocurrency investment, which is typically seen as confusing and convoluted.
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