Product Information
Instrument Name
Ripple ($) CFD
Spreads
0.6 Points
Margin
| Quantity | Margin |
| 0 - 98420000 | 25.00 % |
| 98420000 - 442860000 | 50.00 % |
| 442860000 + | 100.00 % |
Trading Hours
24 hours/day*
The Ripple cryptocurrency has been embraced by many banks and other financial institutions as a means of facilitating cross-border payments. A Ripple coin trade can be carried out using a cryptocurrency platform, but Ripple / USD can also be traded using a Ripple CFD. A Ripple CFD lets traders take advantage of live Ripple prices, without being dependent on the varying time frames it takes to execute a Ripple coin trade. This can be important because Ripple, like other cryptocurrencies, is subject to quick price changes caused by Ripple-based news and more general sentiment affecting the global cryptocurrency market.
