What are Cryptocurrencies?

Cryptocurrencies are virtual currencies which operate independently from banks and governments, similar
to physical currency they can be used as a method of exchange or investor speculation.

Competitive spreads for competitive traders

Choose a range of currency pairs to trade from majors, minors, and exotics.

  • Introduced in 2009
  • No one single entity controls Bitcoin
  • Only 21 million bitcoins can be mined
SpreadsAverage spreads (USD)Trading hours
BTCUSD28.10Sun 21:00 to Fri 21:00
ETHUSD3.28Sun 21:00 to Fri 21:00
XRPUSD0.039Sun 21:00 to Fri 21:00
LTCUSD2.21Sun 21:00 to Fri 21:00

DSHUSD
4.50Sun 21:00 to Fri 21:00
SymbolMin. lot sizeLot size Max. trade size
BTCUSD0.01120
ETHUSD
0.01150
XRPUSD0.01150
LTCUSD0.01150
DSHUSD0.01150
SymbolPersonal Account MarginsProfessional Account MarginsTrading hours
BTCUSD50%20%Sun 21:00 – Fri 21:00
ETHUSD50%20%Sun 21:00 – Fri 21:00
XRPUSD50%20%Sun 21:00 – Fri 21:00
LTCUSD50%20%Sun 21:00 – Fri 21:00
DSHUSD
50%20%Sun 21:00 – Fri 21:00
SymbolLong swap %Short swap %
BTCUSD-50-50
ETHUSD-50-50
XRPUSD-2000-2000
LTCUSD-3400-3400
DSHUSD-50-50

  • Introduced in 2015
  • Ethereum’s supply is infinite
  • Its price is driven by changes in the Ethereum platform

 

SpreadsAverage spreads (USD)Trading hours
BTCUSD28.10Sun 21:00 to Fri 21:00
ETHUSD3.28Sun 21:00 to Fri 21:00
XRPUSD0.039Sun 21:00 to Fri 21:00
LTCUSD2.21Sun 21:00 to Fri 21:00

DSHUSD
4.50Sun 21:00 to Fri 21:00
SymbolMin. lot sizeLot size Max. trade size
BTCUSD0.01120
ETHUSD
0.01150
XRPUSD0.01150
LTCUSD0.01150
DSHUSD0.01150
SymbolPersonal Account MarginsProfessional Account MarginsTrading hours
BTCUSD50%20%Sun 21:00 – Fri 21:00
ETHUSD50%20%Sun 21:00 – Fri 21:00
XRPUSD50%20%Sun 21:00 – Fri 21:00
LTCUSD50%20%Sun 21:00 – Fri 21:00
DSHUSD
50%20%Sun 21:00 – Fri 21:00
SymbolLong swap %Short swap %
BTCUSD-50-50
ETHUSD-50-50
XRPUSD-2000-2000
LTCUSD-3400-3400
DSHUSD-50-50

 

  • Introduced in 2012
  • There will only ever be 100 billion Ripple tokens in circulation
  • Ripple can settle a payment in 3.5 seconds

 

SpreadsAverage spreads (USD)Trading hours
BTCUSD28.10Sun 21:00 to Fri 21:00
ETHUSD3.28Sun 21:00 to Fri 21:00
XRPUSD0.039Sun 21:00 to Fri 21:00
LTCUSD2.21Sun 21:00 to Fri 21:00

DSHUSD
4.50Sun 21:00 to Fri 21:00
SymbolMin. lot sizeLot size Max. trade size
BTCUSD0.01120
ETHUSD
0.01150
XRPUSD0.01150
LTCUSD0.01150
DSHUSD0.01150
SymbolPersonal Account MarginsProfessional Account MarginsTrading hours
BTCUSD50%20%Sun 21:00 – Fri 21:00
ETHUSD50%20%Sun 21:00 – Fri 21:00
XRPUSD50%20%Sun 21:00 – Fri 21:00
LTCUSD50%20%Sun 21:00 – Fri 21:00
DSHUSD
50%20%Sun 21:00 – Fri 21:00
SymbolLong swap %Short swap %
BTCUSD-50-50
ETHUSD-50-50
XRPUSD-2000-2000
LTCUSD-3400-3400
DSHUSD-50-50

  • Introduced in 2011
  • It offers secure, cheap and borderless payments
  • Coins are limited to 84 million

 

SpreadsAverage spreads (USD)Trading hours
BTCUSD28.10Sun 21:00 to Fri 21:00
ETHUSD3.28Sun 21:00 to Fri 21:00
XRPUSD0.039Sun 21:00 to Fri 21:00
LTCUSD2.21Sun 21:00 to Fri 21:00

DSHUSD
4.50Sun 21:00 to Fri 21:00
SymbolMin. lot sizeLot size Max. trade size
BTCUSD0.01120
ETHUSD
0.01150
XRPUSD0.01150
LTCUSD0.01150
DSHUSD0.01150
SymbolPersonal Account MarginsProfessional Account MarginsTrading hours
BTCUSD50%20%Sun 21:00 – Fri 21:00
ETHUSD50%20%Sun 21:00 – Fri 21:00
XRPUSD50%20%Sun 21:00 – Fri 21:00
LTCUSD50%20%Sun 21:00 – Fri 21:00
DSHUSD
50%20%Sun 21:00 – Fri 21:00
SymbolLong swap %Short swap %
BTCUSD-50-50
ETHUSD-50-50
XRPUSD-2000-2000
LTCUSD-3400-3400
DSHUSD-50-50

  • Introduced in 2014
  • Allows private transactions with no payment history
  • It has a hard cap of 18 million coins
SpreadsAverage spreads (USD)Trading hours
BTCUSD28.10Sun 21:00 to Fri 21:00
ETHUSD3.28Sun 21:00 to Fri 21:00
XRPUSD0.039Sun 21:00 to Fri 21:00
LTCUSD2.21Sun 21:00 to Fri 21:00

DSHUSD
4.50Sun 21:00 to Fri 21:00
SymbolMin. lot sizeLot size Max. trade size
BTCUSD0.01120
ETHUSD
0.01150
XRPUSD0.01150
LTCUSD0.01150
DSHUSD0.01150
SymbolPersonal Account MarginsProfessional Account MarginsTrading hours
BTCUSD50%20%Sun 21:00 – Fri 21:00
ETHUSD50%20%Sun 21:00 – Fri 21:00
XRPUSD50%20%Sun 21:00 – Fri 21:00
LTCUSD50%20%Sun 21:00 – Fri 21:00
DSHUSD
50%20%Sun 21:00 – Fri 21:00
SymbolLong swap %Short swap %
BTCUSD-50-50
ETHUSD-50-50
XRPUSD-2000-2000
LTCUSD-3400-3400
DSHUSD-50-50

Why trade CFDs on Cryptocurrencies with BP Prime?

Leverage up to 1:10

No risk of theft

Competitive spreads

No commission or fees

Ready to get started?

Learn more about the markets

Find your trading edge with our educational resources

Webinars

Understand which drivers are moving the markets and identify the best trading opportunities together with Alessandro Bonetti, Chief Market Analyst for BP Prime.

Educational Courses

Take your knowledge further with our choice of accredited financial courses, backed by the UK government and recognised globally