Trading instruments are the assets that are bought and sold by traders in pursuit of profit. Major trading instruments include stocks, bonds, commodities, options, currencies, indexes, ETFs, and many more. An advantage of trading leveraged cryptocurrencies is the benefit of trading freely without owning the actual asset. This gives you the flexibility to trade against the price movements without having to buy or sell the actual instrument.
If you believe the price is likely to go up or down, your profit and loss in trading leveraged cryptocurrencies are decided and calculated by the difference in the price at which you buy and sell. A trader can also benefit from a short position, which is when a trader sells at a given price with the intention of purchasing at a lower price at a later date.
Trade99 offers its customers the option of trading leveraged cryptocurrencies in the following main categories: