The cryptocurrency market is a decentralised digital currency network, which means that it operates through a system of peer-to-peer transaction checks, rather than a central server. Cryptocurrencies are notoriously volatile. For traders using leveraged derivatives that allow for both long and short positions, large and sudden price movements present opportunities for profit. However, at the same time, these also increase your exposure to risk. In short, the more volatile the market, the more risk you carry when trading it.
The concept of the very first digital currency, Bitcoin, was introduced by Satoshi Nakamoto in 2008. Since the moment cryptocurrencies appeared, they have been growing in popularity quickly and at present may be considered as some of the most highly-demanded trading instruments. There are more than 1,500 cryptocurrencies in the world and this number is constantly growing.
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