CFD trading page 2

The growth of the world economy after the second industrial revolution and the further development of the post-industrial society, as well as the demand for new methods of exchange trading, brought about the need for an extended toolkit of operations on the financial markets. This, in turn, led to the emergence of derivative financial instruments, derivatives being one of them.

Cryptocurrencies such as Bitcoin, Ethereum, and Ripple have already taken their place in the online investment sphere today, with billions of dollars in transactions every day. Most traders prefer to trade in pairs involving some cryptocurrency and the U.S. dollar. Other traders exchange one cryptocurrency for another. Either way, the main goal is to take advantage of constant changes in cryptocurrency rates.

On February 24, at five o'clock in the morning, like Nazi Germany, the army of the Russian Federation invaded the sovereign and the independent state of Ukraine. The open confrontation against Ukraine's statehood was called a "special military operation" by Russian President Putin, which triggered a mixed reaction from financial markets, including the currency, stock, and cryptocurrency ones. First of all, the reaction took place in the safe-haven assets (gold, Swiss franc, and US dollar), which showed considerable gains.