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A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technolog,a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
Cryptocurrency is the alternative to cash and credit card. It is taking the digital world by storm. Many companies are accepting the payments through cryptocurrency these days. On the other hand, cryptocurrency has become a home for many hackers. With the rise in the bitcoin value, many people are showing interest in investing in bitcoins. The cryptocurrency is backed by the blockchain technology that is having a positive impact on wallets.
Many institutions in the world trade 24 hours a day hence there is an overlap of trading time between the two places:
| Contact Name | Contract Specification | Single-Pen Minimum Transaction Volume | Single-Stroke Maximum Trading Volume | Mean Point Difference | Maximum Leverage |
|---|---|---|---|---|---|
| BTCUSD | 1 Lot = 1 BTC | 0.01 lot | 30 lots | 155 USD | 5:1 |
| ETHUSD | 1 Lot = 1 ETH | 0.01 lot | 30 lots | 50 USD | 5:1 |
