A Smarter Way to Trade Crypto

Whether you’re looking to speculate on short-term price action or playing the long game, trading crypto with Saxo is the secure, flexible and hassle-free way to invest in cryptocurrencies like bitcoin, ethereum and litecoin.

Why trade crypto with Saxo?

Manage your crypto trading on an easy-to-use platform and don’t worry about crypto wallets, cold storage or recovery seeds.

Go long or short with leverage to capitalise on rapid price movements, or invest long-term in crypto on mobile or desktop.

Keep your focus on price movement. You don’t own or store the coins, so you don’t need to worry about crypto exchange hacks or losing access.

Trade with a licensed and ASIC regulated broker that protects your funds, on a reliable platform fine-tuned over 25 years.

Wide choice of crypto crosses
Trade bitcoin, ethereum, litecoin and more against the major fiat currencies. Trading Crypto FX pairs means you don’t have to exchange between currencies when it’s time to cash out. We offer BTC, ETH and LTC against USD, EUR or JPY.

Take advantage of rising and falling markets
Don't limit yourself to bull markets. Go long or short and trade the market in either direction.

Increase your buying power
Trade Crypto FX pairs with leverage to increase your purchasing power and maximise your exposure to potential gains. Please note that leverage also amplifies potential losses as well as gains.

Crypto ETFs and ETNs

Take a long-term view with unleveraged exchange traded products, such as ETFs and ETNs.

The simple way to diversify your portfolio with crypto
Invest over the long-term with crypto ETFs and ETNs. Buy and hold just like you would with stocks. We offer ETNs and ETFs on bitcoin, ethereum, ripple, tezos and others.

A more cost-efficient way to buy and hold
Avoid interest and roll-over fees with ETFs and ETNs, if you want to make cryptocurrencies a long-term component of your portfolio.

Manage your risk
Crypto markets can be notoriously volatile. ETFs and ETNs aren't traded with leverage, so you can’t lose more than you invest, even in the event of a drop in crypto prices.

Trade crypto on our award-winning platform
Trade cryptocurrencies like bitcoin, ethereum, litecoin and ripple on an easy-to-use platform that puts powerful tools in your hands. Track your coin’s trends with advanced analytics and put robust risk-management solutions in place.

Frequently Asked Questions

How can I trade crypto at Saxo?
Saxo offers access to crypto through exchange traded products (ETPs) and a variety of Crypto FX pairs e.g. BTCUSD, LTCEUR and ETHJPY.

Do I need a crypto wallet to trade cryptocurrencies with Saxo?
A crypto wallet is not required because you do not own the underlying coins when trading ETPs or Crypto FX pairs. This also means that there is no need for cold storage solutions or recovery seeds.

Which platforms are supported for Crypto FX trading?
Crypto FX pairs are available on the SaxoTraderGO and SaxoTraderPRO platforms.

Is fractional trading supported for Crypto FX?
Crypto FX pairs support fractional trading which allows you to trade in fractions of a crypto. This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.

Can I short crypto with Saxo?
You can short crypto using Crypto FX pairs, allowing you to benefit from falling prices.

What are the trading hours for Crypto FX?
Crypto FX is open for trading 24 hours a day, 5½ days a week, opening on Sunday evening at 18:00 Eastern Time (ET) and closing on Friday evening 17:00 Eastern Time. Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.

How is the P/L settled for Crypto FX?
The trading profit/loss will always be settled in the second currency in the Crypto FX pair which is always the fiat currency e.g. BTCUSD will be settled in USD and converted to your account currency.

Can I trade crypto on leverage?
Crypto FX pairs are leveraged instruments which allow you to open positions in greater size than you available collateral. Please note that leveraged instruments amplify both trading gains and losses. You can find the relevant margin requirements for Crypto FX pairs here.

Have Questions?

If you have any questions, then use the comments - and we will answer 100%, the average response time is 24 hours. Please note that your comments are pre-checked by the site administrators - therefore, your comment on the site will be published over time.


So good

Wave Analysis of Bitcoin Price for 6 Years

Attention Moon Rover took a second picture from space.

Wave Analysis of Bitcoin Price for 6 Years

It's just that it's interesting to check how accurately it will turn out to predict the movement of bitcoin for 6 years ahead. I post the forecast publicly without the possibility of deleting, editing, all my mistakes and hits you can always track, in this forecast.

There is a category of people who, seeing such long-term Bitcoin predictions, begin to answer: these are empty predictions. They seem to think that Wave Analysis is hourly and minute timeframes.

I won't argue - you are absolutely right - I have great coffee and a crystal ball.

Hopefully it won't let you down and I will repurchase Bitcoin in 2023 and take another growth cycle in 2025-2027!

Attached is a similar long-term forecast for Bitcoin from early 2020. You can check how the forecast worked.

Moon Rover took a picture from space.

28 january 2020

Wave Analysis of Bitcoin Price for 6 Years

I decided to look at the Bitcoin chart far away:

1. Movement within the double red parabola - a global bullish trend.

2. Blue Highs and Lows Trends - Form a fan with an intersection point at about 6666 in mid-2023.

Presumably, a correction will be directed there after the 2020-2021 tops update.

One of them is highlighted in bold - it defines the current two vertices.

3. The black trend line has been broken from the bottom up since the beginning of 2013 and has never broken down since then - acting as support. It was recently retested at 6500.

I admit its breakout at 5400 where MA-200 takes place on weeks and the 0.618 Fibo correction of 3500-13800 growth.

What will look like a false breakout on such a global chart. It is from this level that I draw the predicted movement with a yellow line.

Honestly, I would like the market to provide such an opportunity to add fiat savings.

But the penetration may not take place now - but much later. After all, a channel of red parabolas should eventually break straight trend lines. And the channel gradually rounds out to the horizon.

4) The pink trend line is also interesting. Above which were usually the tops of the iceberg, and below it the base. Where are we now? Under it - we are approaching a retest or a breakout.

5. The bold red line defines the peak of 2013, it very nicely indicated support in the second half of 2018. when we retested it multiple times from top to bottom and then struck and flew to 3500. Now it acts as the bisector of the angle formed by bold black and blue in which we are now and are under it.

Expectations: BTC is about to go through another peak in 2020-2021 which will be around $ 60,000-80000 per bitcoin. To start with the current ones or from 5400. Going lower to the 3500 update is also permissible, because it would be a logical retest of the lower red parabola and a W reversal formation.

Leave some fiat patrons just in case, and for this level, investors should. I will share 70-80% of fiat currency at 5400, 20-30% will be left for 3500. And if we do not break through the black one and will grow from the current ones, then I will work with what I have. And fiat currency - I will find where to use it.

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