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So what happens now?
"I think that sentiment will likely continue to be somewhat negative around crypto," Glagola argues, noting volumes — the amount of crypto being traded — have declined since FTX collapsed, and they continue to deteriorate. Cryptocurrency buying sites At the crypto broker, we trade CFD contracts, which is called so because it stands for Contract For Difference. Contract For Difference means that every time we buy a Bitcoin, we make a contract with the broker that if the price goes up, we will benefit from that difference. If the price goes down, we will lose that difference. This is called CFD trading.

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Are Cryptocurrency Exchanges Regulated?
The collapse of crypto exchange FTX saw many of its executives get charged with crimes in 2022 and caused many to question whether crypto could survive as an investment. But then the industry experienced a huge rebound in 2023. If nothing else, the volatility of Bitcoin and other popular coins can make cryptocurrencies an attractive trading vehicle and creates the potential for some traders to profit. The OG Exchange for Crypto Derivative Trading Send, receive and spend crypto