TMGM

There are several ways to trade cryptocurrencies. The first is purchasing them directly via trading platforms or third-party services. This requires understanding how crypto addresses and wallets work. For Bitcoin, the process can be tedious. You need to enter a lengthy code to send money between wallets and exchanges or decentralised marketplaces. Getting it wrong means you could lose your Bitcoin and never recover it.

The alternative is to use CFDs. Contracts for different track markets, including popular cryptocurrency pairs like Bitcoin/US dollar (BTC/USD). With these contracts, you pay or receive the difference in market price between when you open the contract and when you close it.

The primary advantage when CFD trading cryptocurrency is that you do not have to deal with the logistics of obtaining, sending, and holding your digital money. You trade the price differences using regular funds already in your trading account. You do not actually have to hold cryptocurrency at all. The only requirement for this type of speculation is finding a reputable crypto CFD trading platform.

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The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States.

TMGM is authorized and regulated in various jurisdictions.

Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.

Email: support@tmgm.com.au

Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.

Email: support@tmgm.com

Trademax Global Markets (KE) Pty Ltd, trading as TMGM, is authorised and regulated by Capital Markets Authority (CMA) with the licence no. 219 and is registered at Chiromo Road, Building: L.R. No. 209/6921, ICEA Lion Centre, Westlands District, Nairobi, Kenya.

Email: support@tmgm.com

Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.

Email: support@tmgm.com

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