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Cryptocurrency Trading

What is cryptocurrency?

Cryptocurrency is a digital currency that uses cryptography as a means of security.

It is difficult to counterfeit because of its strong security feature. Many cryptocurrencies are decentralized systems based on blockchain technology, a distributed ledger enforced by a disparate network of computers.

cryptocurrency trading representing fast execution technology

An important feature of any cryptocurrency, and arguably its biggest allure is its organic nature; it is not issued by any central authority and is theoretically immune to government interference or manipulation.

How Cryptocurrency Trading Works with Baxia Markets

At Baxia Markets, cryptocurrencies are quoted against fiat currencies (as USD) and other cryptos. This means that when you buy BTCUSD, you’re essentially buying BTC and you’re selling USD. When you’re buying and selling cryptocurrencies with Baxia Markets, instead of opening a digital wallet and taking ownership, you open a trade and depending on the price movements your trade will increase or decrease in value.

Today’s Most Popular Cryptocurrencies

Bitcoin Cash
Learning to trade?​

Learn more about forex trading by navigating our forex resource page here. You can also find additional trading resources at our educational center below.