Product Information
Instrument Name
Ripple ($) CFD
Spreads
0.80 Points
Minimum Margin
25.0 %
Margin Increases At
9842.00
Trading Hours
24 hours/day
Minimum Stop Distance
0.0000 points
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.
