Powered by Smartsupp Smith Asset Limited

Trade Cryptocurrencies

Speculate on the rise and fall of the most popular cryptocurrencies
including Bitcoin, Ethereum, and Litecoin .

Start Trading


Trade Cryptocurrencies with Smith Asset Limited

Trading cryptocurrency CFDs ("contracts for difference") is a great way to diversify your portfolio and hedge risks. Smith Asset Limited has carved a niche for itself in the Crypto trading market in Australia, offering the optimal trading experience.

Choosing from an extensive portfolio of financial products, while benefiting from the latest real-time technology and the leverage available on Crypto pairs BTCUSD, ETHUSD, LTCUSD and BCHUSD is now 1:200 for clients registered with Smith Asset Limited.

Unlike other asset classes (FX, Equities, Commodities, etc.), the Cryptocurrency market is dominated by retail speculators. With IC Markets Cryptocurrency CFDs, youll trade in a market where there is no central bank intervention, interbank dealers controlling order flow or giant pension funds moving prices.

What are the benefits of crypto trading?

  • 1:200 Leverage MT4/MT5 1:5 Leverage Trader

  • Trade the market 7 days a week

  • Enter and exit trades whenever you want to 24/5

  • Trade in any direction you think the markets will go. Sell and go short or buy to go long, maximizing trading opportunities and minimizing risks.

  • No price manipulation and no requotes

  • Hedge Risks - Hedge your investment risks with high-value assets, like gold (XAU), silver (XAG), and Oil (WTI / CL)

  • Benefit from low margin, low-cost trading, without compromising execution

When you trade cryptocurrencies with IG, you are speculating on whether your chosen market will rise or fall in value, without ever taking ownership of the digital asset. This is done by using derivative products such as CFDs.

Although the cryptocurrency market is relatively new, it has experienced significant volatility due to huge amounts of short-term speculative interest. For example, between October 2017 and October 2018, the price of bitcoin rose as high as $19,378 and fell to lows of $5851,
The volatility of cryptocurrencies is part of what makes this market so exciting. Rapid intraday price movements can provide a range of opportunities to traders to go long and short but also come with increased risk. So, if you decide to explore the cryptocurrency market, make sure that you have done your research and developed a risk management strategy.

However, when it comes to digital currencies trading, not all currencies are tradable.

Some are better than others. With a wide range of currencies on the market, it’s important to know what makes a coin best for trading.

  • Bitcoin CFD

  • Ethereum CFD

  • Litecoin CFD

  • Dash CFD

  • Bitcoin Cash CFD

  • BitcoinSV CFD

  • Ripple CFD

  • EOS CFD

  • Polkadot CFD

  • Dogecoin CFD

The market capitalization of all publicly traded cryptos plunged by 33% in that short period, falling from $1.31 trillion to $880 billion. That, in turn, is a 70% decline from the $2.96 trillion market cap in November 2021. Needless to say, this asset class isn't a playground for momentum investors at the moment, but contrarians may want to start considering small investments in some of the top cryptocurrencies at current levels, for a few reasons.

First, digital assets are more established than they've ever been at any point in their history, and projects in the young industry continue to attract huge levels of brainpower, labor and investment.

Second, 70% declines aren't actually unprecedented in crypto. Bitcoin fell from roughly $20,000 to about $3,000 between late 2017 and late 2018, for example

What is the best Platform to trade Crypto Currencies?

Discover the benefits of Crypto Currency trading on one of the most powerful trading platforms available, MetaTrader 4 (MT4).

Leverage shift in price


Customisable interface, including colours of technical indicators


One-click trading


Live price streaming on all accounts 128-bits encryption for secure trading


Expert Advisors (EAs)


The option of going long or short

Are there more platform options?

Crypto CFD Spreads

Symbol Product
  Min Avg
BCHUSD Bitcoin Cash vs United States Dollar CFD 2.210 5.839
BTCUSD Bitcoin vs United States Dollar CFD 8.710 42.036
DOTUSD Polkadot vs United States Dollar CFD 0.011 0.013
DSHUSD Dash Coin vs United States Dollar CFD 0.000 1.241
EOSUSD EOS vs United States Dollar CFD 0.000 0.064
ETHUSD Ethereum vs United States Dollar CFD 4.560 11.605
LNKUSD Chainlink vs United States Dollar CFD 0.012 0.020
LTCUSD Lite Coin vs United States Dollar CFD 1.050 1.597
NMCUSD NameCoin vs United States Dollar CFD 7.895 7.895
XLMUSD Stellar vs United States Dollar CFD 0.000 0.000
XRPUSD Ripple vs United States Dollar CFD 0.008 0.020
ADAUSD Cardano vs United States Dollar CFD 0.003 0.003
BNBUSD Binance Smartchain vs United States Dollar CFD 1.266 1.415
DOGUSD Doge vs United States Dollar CFD 0.001 0.001
BSVUSD Bitcoin SV vs United States Dollar CFD 1.7 0.6
Company
Information
Explore
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, or any of our other products work, and whether you can afford to take the high risk of losing your money. The value of your investments can go down as well as up. Losses can exceed deposits on some margin products. Professional clients can lose more than they deposit. All trading carries risk. Smith Asset Limited is authorised and regulated by the Financial Conduct Authority, Smith Asset Limited Registered Number #1445323.
This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change.

It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. If you are still unsure if investing is right for you, please seek independent advice. Smith Asset Limited assumes no liability for any loss sustained from trading in accordance with a recommendation.