Cryptocurrency
Horseforex offers you a wide range of Cryptocurrency transactions in US dollars
to meet your diverse investment needs.
Cryptocurrency Facts
- 5x24 hours
- Low handling fee
- Strong circulation
- Two-way transaction
- No delivery period
- Leveraged trading
Cryptocurrency are huge financial innovations for financial derivatives. The decoupling of digital coins is unique. The number of each type of digital currency cannot be exceeded, and digital coins cannot be tampered with and are anonymously traded in the market, making them valuable for investment.
Horseforex benefited from the cooperation of a number of top liquidity providers and Metatrade's bridging technology, with a combination of order-driven and quotation-driven hybrid trading mechanism, ensuring no delays in order transactions and fast transactions.
Cryptocurrency Trading Spreads / Conditions
| (Symbol) | Description | Avg spread | Long | Short | Time |
|---|---|---|---|---|---|
| LTCUSD | LiteCoin vs US Dollar | 316.0 | -26.879 | -4.5612 | Monday to Friday 0:05-23:59 |
| DSHUSD | DashCoin vs US Dollar | 2608.4 | -78.29 | -87.29 | Monday to Friday 0:05-23:59 |
| XRPUSD | Ripple vs US Dollar | 320.0 | -28.39 | -29.19 | Monday to Friday 0:05-23:59 |
| BTCUSD | BitCoin vs US Dollar | 2400.0 | -31.815 | -30.835 | Monday to Friday 0:05-23:59 |
| ETHUSD | Ethereum vs US Dollar | 200.0 | -10.26 | -11.2401 | Monday to Friday 0:05-23:59 |
Trading time and some Remarks
Trading example
*First you need to know
Taking BTCUSD as an example, the minimum number of jumping points is 0.01, and the point value of one base point is $1/100 (under six quotations).
| Open price | close price | points | value | size | profit |
|---|---|---|---|---|---|
| 7958.5 | 8898.5 | 940000 | 1/100USD | 1 | $940 |
"We bought 1 size orders when BTCUSD quoted7958.50 and closed our position at 8898.50 Profit and loss amount = [8898.50-7958.50. (94000 basis points)] *1/100 $ (point value) *1 standard size =$940 "
| (Symbol) | Description | Avg spread | Long | Short | Time |
|---|---|---|---|---|---|
| LTCUSD | LiteCoin vs US Dollar | 5.1 | -26.879 | -4.5612 | Monday to Friday 0:05-23:59 |
| DSHUSD | DashCoin vs US Dollar | 2608.4 | -78.29 | -87.29 | Monday to Friday 0:05-23:59 |
| XRPUSD | Ripple vs US Dollar | 4.6 | -28.39 | -29.19 | Monday to Friday 0:05-23:59 |
| BTCUSD | BitCoin vs US Dollar | 222.4 | -31.815 | -30.835 | Monday to Friday 0:05-23:59 |
| ETHUSD | Ethereum vs US Dollar | 7.2 | -10.26 | -11.2401 | Monday to Friday 0:05-23:59 |
Trading time and some Remarks
Trading example
*First you need to know
Taking BTCUSD as an example, the minimum number of jumping points is 0.01, and the point value of one base point is $1/100 (under six quotations).
| Open price | close price | points | value | size | profit |
|---|---|---|---|---|---|
| 7958.5 | 8898.5 | 940000 | 1/100USD | 1 | $940 |
"We bought 1 size orders when BTCUSD quoted7958.50 and closed our position at 8898.50 Profit and loss amount = [8898.50-7958.50. (94000 basis points)] *1/100 $ (point value) *1 standard size =$940 "
