Two ways to trade crypto
You can trade crypto CFDs through a broker (speculating on price, often with leverage, no wallet) or buy the asset on an exchange (you hold it in a wallet).
The broker route is familiar but derivative; the exchange route involves custody of the asset itself.
Key considerations
Crypto is highly volatile and, where leveraged, risky. Regulatory treatment varies widely by region, affecting protections and tax.
Custody risk (losing access or exchange failure) is specific to holding the asset; CFDs carry counterparty risk to the broker.
- CFD: leveraged, no wallet, counterparty risk
- Exchange: own asset, custody risk
- High volatility
What to verify
Confirm whether the product is a CFD or real asset, the leverage offered, and how the broker is regulated for crypto in your region.
Our sample records do not yet contain real crypto broker data; verify before acting.