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Cryptocurrency Trading Types

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Questions and Answers

What type of trading allows you to bet on the price changes of crypto without possessing the underlying currency?

CFD trading (correct)

Spot trading

Margin trading

Futures trading

What type of exchange is owned and operated by a company?

Decentralized exchange

Margin exchange

Centralized exchange (correct)

Spot exchange

What type of account is used for speculating on the price movements of any given cryptocurrency?

CFD account (correct)

Exchange account

Margin account

Spot account

What is the primary purpose of a centralized crypto exchange?

To set the rules and fees Signup and view all the answers

What type of trading is considered a type of derivative?

CFD trading Signup and view all the answers

What type of trading involves buying and selling the underlying coins via an exchange?

Spot trading Signup and view all the answers

What is the primary purpose of a decentralized crypto exchange?

To facilitate transactions Signup and view all the answers

What type of trading involves speculating on the price movements of any given cryptocurrency?

CFD trading Signup and view all the answers

What type of account is used to bet on the price changes of crypto without possessing the underlying currency?

CFD account Signup and view all the answers

What type of exchange is considered centralized?

Centralized exchange Signup and view all the answers