Plus500 Cryptocurrencies

Plus500 supports most major cryptocurrencies on the market. Trade safely and easily with leverage and profit even if the cryptocurrency market falls!

Plus500 is a leading global CFD Broker established in 2008 offering trading in various financial markets including commodities, cryptocurrencies, currencies, stocks, ETFs and market indices. With their professional approach and ease of use, over the years they have earned a reputation as one of the best brokers in the industry. With over an impressive 2,000 trading products and a platform in 31 languages, Plus500 has definitely provided its clients with accessibility that is rarely seen. New traders can take advantage of unlimited time to use a demo account, while experienced traders can take advantage of very small price differences. They also continuously introduce new products and services to meet the needs of their client merchants.

Plus500 is an innovative London-based broker offering a competitive suite of 2,000 financial instruments, including stocks, options, forex, cryptocurrencies and CFDs. The brokerage firm is listed on the London Stock Exchange (LSE) and has 15 years of financial experience and thousands of clients. Possessing FCA, CySEC and ASIC licenses, the broker is reputable and reliable.

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Plus500 Cryptocurrencies

The leading FinTech company Plus500 has announced a new instrument that allows its clients to trade the ten most popular and established cryptocurrencies in one transaction. The Plus500 Crypto 10 Index, created by software indexing company BITA, offers traders the ability to track the performance of a wider range of assets, with a benchmark that allows investors to trade market movements in real time while reducing the risk of exposure to sharp movements in a single currency. The move reflects a growing perception of cryptocurrencies as a hedge against a broader set of traditional instruments, with investors seeing the asset class as a way to further diversify their portfolios.

Traders can choose from multiple cryptocurrency pairs bringing new ways to hedge against market volatility, inflation and market uncertainty. The Crypto 10 Index is just one of more than 2,500 underlying global financial instruments offered by Plus500, consisting of equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrency instruments.

Investing in cryptocurrencies is very similar to investing in the stock market. In both cases, you invest money hoping that the value of cryptocurrencies or stocks will increase. Therefore, we see that many platforms that offer stocks also offer the possibility of trading cryptocurrencies. A well-known broker where you can trade cryptocurrencies, forex, indices and stocks is the regulated broker Plus500.

To start trading Plus500 cryptocurrencies, retail investors need a minimum deposit of just $100 and one of 16 supported payment methods, including wire transfer, credit cards and e-wallets such as Skrill. Clients can then take advantage of Plus500's proprietary trading platforms, including an integrated online trader, an equity-focused investment platform, and iOS and Android mobile apps.

How to trade Cryptocurrencies?

As you can see from the list above, Plus500 supports most of the major cryptocurrencies on the market. Apart from the most popular ones like Bitcoin, Ethereum, Ripple etc. you can also trade lesser known but still prominent cryptocurrencies like IOTA, EOS, Stellar.

As stated earlier in the article, Plus500 CFD broker. The main advantage of CFD trading is that you don't actually have to buy any assets – you're basically just predicting price movements and making a profit or loss on that. No assets are registered in your name.

If you are real crypto enthusiast, then you will probably agree with the Plus500 user reviews that talk about the benefits of owning some cryptocurrency. On the other hand, owning cryptocurrency can be quite a complicated process. You need a crypto-wallet, you need to take care of some security aspects and find a place to store the codes. However, if you want to skip all these tedious processes Plus500 cryptocurrency trading is for you!

Plus500 Platform

When it comes to navigation, the Plus500 trading platform is simple and intuitive. It even provides a convenient option to configure real-time alerts for price movements of your preferred instruments. There are three types of warnings:

Price warning – notifies you when the instrument reaches a certain purchase or sale price.
Change (%) – notifications when the absolute change in the price of the instrument (positive or negative) reaches a certain level.
Traders Sentiments – notifications when the percentage of buyers or sellers reaches a certain level.

Plus500 also has an app and a dedicated web platform so you can always track the price on any device. In addition to Plus500 cryptocurrency, the same platform is also available for stocks, currencies, ETFs and more. You will quickly master the Plus500 trading platform because it is simple and certainly one of the best trading platforms ever!

What makes Plus500 different from other brokers is that they have managed to develop a very stable platform that most traders are looking for. With almost 10 years of experience, it's no surprise that Plus500 has become one of the best services on the market.

Broker Plus500, although not only specialized in cryptocurrencies, still has a very nice selection. You can choose from more than 10 cryptocurrencies including the likes of Bitcoin, Ripple and Ethereum. In 2021, the platform introduced another useful tool. Investors can now view multiple charts on a single screen, allowing them to compare assets against different time frames or analyze assets. It is a very impressive user-friendly tool and can support up to nine individual maps on a single page.

Leverage, Deposit and Demo Account

With Plus500 you can trade with leverage. With leverage, you can make big profits with a relatively small investment. This way you control a much larger amount of capital than the amount you actually invest. Although it is not possible to lose more money than the initial investment, it is still good to understand how leverage works.

Plus500 broker is great for beginners who want to start trading because of the possibility to invest through a demo account (open a demo account for free). This account is good if you are a beginner and don't have enough trading experience because you don't need to invest real money to trade. In fact, investing with a demo account is only a simulation of real market movements and greatly helps you to acquire the basic knowledge and tools necessary for real trading.

Since cryptocurrency trading CFDs it doesn't involve buying assets, you don't need to own a wallet to store them. In fact, when trading on Plus500 you get access to a ratio of 1:3 when trading cryptocurrencies and you can start with as little as €100.

User support

Plus500 can be contacted via email and live chat. All e-mails that arrive at the support e-mail are processed immediately and the user receives the requested answer within 10 minutes. The staff is very precise and professional and will certainly help you in the best possible way. Answers quickly and without using any marketing tactics during the entire conversation, which is commendable.

Positive

Min. Deposit 50$
Innovativeness
Ease of use
Support
eToropedia

Negative

There is none MT4 platform

Conclusion

What distinguishes Plus 500 from other brokers is the fact that they have managed to develop a very stable platform that many traders are looking for. It is easy to use and simplifies the entire process of online cryptocurrency trading, competitive expansion and a large range of market instruments makes it ideal for advanced traders. Their email support is easy to use and easily handles all user requests and queries. It is not surprising that other brokers try to follow their business model because it has made them very popular and trusted in this business. All in all, Plus500 has achieved a high position and is definitely our recommendation!

Plus500 Cryptocurrencies

Connect with our best brokers

Plus500 Cryptocurrencies

How to trade Cryptocurrencies?

Plus500 Platform

Leverage, Deposit and Demo Account

User support

Positive

Negative

Conclusion

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