Cryptocurrency trading is the act of taking a financial position on the price direction of individual cryptocurrencies against the dollar (in crypto/dollar pairs). You can do the same for one cryptocurrency against another crypto, via crypto-to-crypto pairs. Contracts for difference (CFDs) are a particularly popular way to trade cryptocurrencies because they provide greater flexibility, allow the use of leverage, and enable you to take short as well as long positions.
Trading venue
You can only buy and sell cryptocurrencies when you open an exchange account. So go ahead and open an account on Kullion Exchange today.
Wallets
To deposit funds, you first need to buy BTC, ETH or any other deposit cryptocurrency and deposit it in the wallet provided for depositing that cryptocurrency. Make sure that you enter the wallet address while conducting the transactions..
Process of Trading
Once you have credited your exchange wallet, you can buy and sell cryptos by trading the pairs that contain the deposit currency you have chosen. BTC and ETH usually have the largest number of pairings, therefore you can never run short of what to trade on the exchange if you hold them.
