How crypto CFDs work
A crypto CFD lets you speculate on the price of an asset such as Bitcoin or Ethereum through a contract with the broker. You never hold the underlying coin, so there is no wallet, no on-chain transfer and no exchange custody. Positions are leveraged, settled in your account currency, and typically carry overnight financing charges when held past the daily cut-off. Cryptocurrency prices can move sharply at any hour, and many crypto CFD markets trade around the clock or near it, which means margin calls can occur outside conventional market hours. Understanding these mechanics comes before evaluating any single broker.
- You gain price exposure without owning or storing the underlying cryptocurrency.
- Leverage magnifies both gains and losses relative to your deposited margin.
- Overnight financing charges usually apply to positions held past the daily cut-off.
- Crypto markets can move sharply outside conventional trading hours.


