Plus500 one of the biggest CFD operators has added Neo coin for CFD trading.
This means that customers are indirectly exposed to Neo and speculate about Neo's short-circuits and profits. The company has also added other cryptos to its available trading partners. The company decided to add the cryptos due to a customer and market interest.
The company have BTC / USD, Eth / USD LTC/USD and few other coins, and now also Neo/USD.
Few Thinks to know:
- On CFD trading you are not really holding the asset.
- You speculate on the asset price and gain profits or lose funds depends if your speculation was successful.
- Since your not really hold the asset you are not receiving any dividends such as GAS or Any coin from chain fork.
- You can gain funds from price drop (sell order - Short).
- You can also leverage your position.
What do you think of CFDs in Neo's growing smart ecosystem? Let me know in the next section of comments.
**Please Upvote if you liked this post**