Exness Cryptocurrency Trading Overview
Exness offers multiple trading accounts with high leverage and low fees in cryptocurrency trading。In addition, there are many types of accounts。
Exness offers multiple trading accounts with high leverage and low fees in cryptocurrency trading。In addition, there are many types of accounts。
Cryptocurrency trading has become a popular choice for investors in recent years, and the industry is growing.。Many people of different backgrounds and ages around the world are interested in participating in the cryptocurrency market。In order to meet these many needs, brokers compete to provide the best quality service for this trade, and Exness is one of them.。But before cryptocurrencies can be used as a trading option in Exness, we need to understand the following trading rules。
Introduction to Exness Cryptocurrency Trading
Exness, one of the world's legitimate CFD brokers offering cryptocurrency trading, has been operating since 2008 and has over 350,000 global clients.。
Traders for brokers to dynamically adjust according to their needs, if you only need the basic platform and the best trading features, Exness is your best choice。
Exness passes as low as 0.1 point spread to make up for the lack of its characteristics and types, very suitable for short-term trading (Scalper), the main trading spread of some accounts can also be as low as 0.0 point, depending on market conditions。
Not only that, traders can also enjoy other advantages, such as automatic withdrawal of funds。Typically, Exness processes most customer withdrawals immediately without manual inspection; however, withdrawals may change depending on the payment method。
Traders "financial security can also be assured, as Exness is headquartered in STP / ECN in Europe.。From July 2017, became the official partner of the Real Madrid football team, indicating the high solidity of the company。
Deposits and withdrawals can be made at any time。However, it is important to note that if the delay in deposits and withdrawals is due to the payment system, the company is not liable for that。
Traders don't need to worry about fees when making deposits and withdrawals。Exness does not charge traders any fees, but may charge some depending on the chosen payment provider。Traders can use a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill, etc.。
The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。
In addition, Exness is one of the more transparent brokers in the online trading industry, where traders can find all information about the company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。
Exness offers trading platforms including MetaTrader 4, MetaTrader 5, websites and mobile clients, i.e. traders can access the Exness platform anytime, anywhere。
Over the years, Exness has grown into a popular broker and has increased client trust by strictly adhering to the requirements of financial regulators such as FCA and CySEC.。
Customer trust can be measured by transaction volume。As of December 2018, monthly trading volume reached $348.4 billion, with more than 50,342 active traders worldwide.。
Through the solutions offered by Exness, traders also have the opportunity to become their partners for additional income。In the Introducing Broker (IB) scheme, partners can receive up to 33% spread commission from each new client registered。
Additional income is also available through Exness Partners。Traders can earn up to 25% spread commission per trade from traders registered through the promotion link。
Customers can also use their VPS hosting service for free when using Exness。VPS (Virtual Private Server) provides traders with greater reliability and stability, allowing them to maintain their trading and expert advisors in the event of unexpected technical problems such as network or power outages.。
In summary, Exness is a favorite broker for traders because of its low spreads and flexible account type, ideal for traders with limited funds but looking to maximize profits.。The broker is also widely praised for its comprehensive support of new and existing partners.。
Optional Cryptocurrency
Exness offers many popular cryptocurrencies including Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, Solana, Synthetix, Uniswap, Basic Attention Token, Polkadot, Tezoz, Cardano, Binance Coin, Enjin Coin, File Coin, Dogecoin, Compound, Polranca Link, CFD of Aave, ChogalST,。
Maximum trading volume per order is 20 lots。Note that the minimum order size for each cryptocurrency is slightly different。Minimum order quantity for Litecoin, Ethereum, and Bitcoin Cash is 0.1 lot, minimum order quantity for Pancake Swap, Dogecoin and Solana is 0.02 Hands, 0 for Synthetix and Chainlink.4 hands, 0 for Uniswap.06 Hands。Other cryptocurrencies such as Bitcoin have a minimum order size of 0.01 Hands。Ripple is different in that it has a minimum of 20 trade orders and a maximum of 200,000.。
Account Type
Exness offers 5 account types, 4 of which can be used for crypto asset trading:
- Standard MT4 & MT5 accounts: trading parallel to cent accounts with a minimum deposit of $3
- Professional MT4 & MT5 Account: Professional account with advanced tools and services, order-based market analysis and execution, minimum deposit of $500
- Original spread MT4 & MT5 account: offers no overnight interest and market-based execution of orders with a minimum deposit of $500
- MT4 zero account: execute orders based on the market with a minimum deposit of $500
Exness also offers demo accounts for traders to learn cryptocurrency trading using virtual currencies.。Due to the high volatility of the cryptocurrency market, this learning process is crucial。
Leverage and Margin
In terms of leverage, the cryptocurrency of Exness:
- Exness offers traders of cryptocurrencies leverage of up to 400: 1, higher than other brokers offering crypto CFD。
- The setting of margin means that the margin required to open an order remains the same regardless of the leverage setting。This trading margin depends on the asset and is not affected by leverage (including unlimited leverage) and is always subject to margin rules。Exness offers traders a margin of 0 for all cryptocurrencies.5%, but 0 for Bitcoin and Ether.25%。
For all offered cryptocurrencies, Exness requires a margin amount of 0% for all hedged positions。
Execution type and platform
Market execution is one of the execution types offered by Exness。Some cryptocurrencies on Exness can be traded on the MetaTrader 4 and MetaTrader 5 platforms。However, most features are only available on the MetaTrader 5 platform。Cryptocurrencies include Dogecoin, Compound, Theta, Aave, Chainlink, IOST, Pancake Swap, Polygon, Huobi Token, Decentraland, Hedera Hashgraph, 1inch, and Ripple。
If you prefer to trade using the MetaTrader 4 platform, you may not need to worry。But if you want to trade cryptocurrencies more freely, learning to use MetaTrader 5 on Exness is your best bet。
Trading hours, spreads, commissions
Traders can trade cryptocurrency 24 hours a day at Exness。Traders will be notified in advance by email in case of errors or server maintenance problems。
Spreads vary by cryptocurrency pair and account type。As of December 2022, the details are as follows:
Cryptocurrency pairs |
Account Type |
|||
Standard Account |
Professional Account |
Zero account |
Original spread account |
|
1INCH/USD |
39.8 pips |
24.9 pips |
0 pips |
73 pips |
AAVE/USD |
30 pips |
18.8 pips |
0 pips |
69 pips |
ADA/USD |
11.7 pips |
7.3 pips |
0 pips |
31.7 pips |
BAT/USD |
97.2 pips |
60.9 pips |
0 pips |
161.6 pips |
BCH/USD |
3.4 pips |
2.1 pips |
0 pips |
0 pips |
BNB/USD |
512. 3 pips |
320.4 pips |
209.5 pips |
299.7 pips |
BTC/AUD |
27. 1 pips |
16.9 pips |
0 pips |
7.6 pips |
BTC/CNH |
181.5 pips |
113.4 pips |
0 pips |
76.8 pips |
BTC/JPY |
208.45 pips |
130.3 pips |
0 pips |
37.4 pips |
BTC/KRW |
4070.7 pips |
2544.2 pips |
485 pips |
1519 pips |
BTC/THB |
203.1 pips |
126.9 pips |
0 pips |
139.9 pips |
BTC/USD |
126.1 pips |
78.9 pips |
11 pips |
11 pips |
BTC/XAG |
212.1 pips |
132.9 pips |
0 pips |
144.8 pips |
BTC/XAU |
90.2 pips |
56.4 pips |
0 pips |
20 pips |
BTC/ZAR |
66.6 pips |
41.6 pips |
0 pips |
42.8 pips |
CAKE/USD |
28.3 pips |
17.8 pips |
0 pips |
58.1 pips |
COMP/USD |
86.5 pips |
54.1 pips |
0 pips |
179.8 pips |
DOGE/USD |
187.8 pips |
117.5 pips |
52.4 pips |
133.3 pips |
DOT/USD |
22.5 pips |
14 pips |
0 pips |
42.9 pips |
ENJ/USD |
44.5 pips |
27.8 pips |
0 pips |
73.8 pips |
ETH/USD |
15.6 pips |
9.7 pips |
2.3 pips |
0.3 pips |
FIL/USD |
36.9 pips |
23.2 pips |
0 pips |
109.3 pips |
HBA/RUSD |
66.8 pips |
41.8 pips |
0 pips |
161.5 pips |
HT/USD |
191.9 pips |
120.45 pips |
52.9 pips |
137.2 pips |
IOST/USD |
213 pips |
133 pips |
0 pips |
419 pips |
LINK/USD |
6.1 pips |
3.8 pips |
0 pips |
0 pips |
LTC/USD |
10 pips |
6.3 pips |
2 pips |
1 pips |
MANA/USD |
440.3 pips |
274.9 pips |
0 pips |
549.35 pips |
MATIC/USD |
1206.3 pips |
753.9 pips |
403.3 pips |
790.7 pips |
SNX/USD |
76.7 pips |
48.1 pips |
0 pips |
235.6 pips |
SOL/USD |
196.9 pips |
123.2 pips |
0 pips |
275.5 pips |
THETA/USD |
82.1 pips |
51.4 pips |
0 pips |
111.5 pips |
UNI/USD |
10.4 pips |
6.5 pips |
0 pips |
0 pips |
XRP/USD |
10.6 pips |
6.7 pips |
None |
None |
XTZ/USD |
55.7 pips |
34.9 pips |
0 pips |
89.3 pips |
In addition to offering different spreads, Exness charges traders lower commissions。You can start trading with a commission of $0 per lot in standard and professional accounts, while for zero spread and raw spread accounts, the commission starts at 0 per lot..From $5。
Conclusion
Exness is a broker that offers cryptocurrency trading with low spreads and commissions.。In Exness, you can choose various types of small cryptocurrencies。Other advantages are the wide variety and leverage of trading accounts available, and their order execution is also beneficial to short-term traders。
However, please note that cryptocurrency trading is volatile, and there is a risk of loss whether it is artificial or unexpected fluctuations.。Cryptocurrency market is very sensitive, therefore, market dynamics should always be observed。Most importantly, focus on risk management。You can take advantage of Exness's multiple cryptocurrency trading currencies to reduce risk, i.e. diversify your portfolio。
Exness is a Forex and CFD broker offering clients trading across multiple markets with the industry's most stable and reliable pricing, offering traders spreads as low as 0 pips and leverage up to 400: 1。
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