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Trade bitcoin and ethereum 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 and ETH against USD, EUR or JPY.
Don't limit yourself to bull markets. Go long or short and trade the market in either direction.
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.
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.
Avoid interest and roll-over fees with ETFs and ETNs, if you want to make cryptocurrencies a long-term component of your portfolio.
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.
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.
Minimum trade size | |
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BTC | 0.01 BTC |
ETH | 0.1 ETH |
Trading hours for FX Crypto crosses adhere to the trading hours of Crypto Futures offered on the CME exchange.
Trading Hours for BTCUSD, BTCEUR, BTCJPY, ETHUSD, ETHEUR, and ETHJPY are:
Monday | 17:00 – 15:55 CT (18:00-16:55 EST) |
Tuesday | 17:00 – 15:55 CT (18:00-16:55 EST) |
Wednesday | 17:00 – 15:55 CT (18:00-16:55 EST) |
Thursday | 17:00 – 15:55 CT (18:00-16:55 EST) |
Friday | 17:00 – 15:55 CT (18:00-16:55 EST) |
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.
Saxo Crypto FX Trading hours follow the CME Group holiday calendar which is available on the CME Group public website, as well as under the Holiday Overview.
Crypto FX positions do not settle into physical crypto. Instead, open positions held at the end of a trading day (17:00 Eastern Standard Time) are rolled forward to the next available business day.
You can find more information on the rollover procedure along with Historic swap points here.
You can find the full point catalogue for SaxoRewards here.
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.
For BTC & ETH Pairs, Saxo will apply an Exposure limit of USD 500,000 per coin for Retail clients and USD 500,000 per coin for Accredited Investors.
Cryptocurrencies are not regulated by the Monetary Authority of Singapore (MAS) as they are not legal tender or securities and the trading of derivatives on Cryptocurrencies are currently not covered under any regulatory regime in Singapore. Investors should be aware that they do not have any legislative protection, including the Securities and Futures Act (Cap. 289), when they deal with cryptocurrencies and related investment products. Consequently, if you choose to invest in unregulated products, you will not be protected under MAS regulations. Please ensure that you are fully aware of the risks involving cryptocurrencies and if in doubt, you should consult an independent financial adviser. To find out more about cryptocurrencies and risks, you may wish to visit the MoneySense website here.
Please see below for the margin requirements.
Initial Margin / Maintenance Margin | Exposure limit | |
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BTC | 50%/40% | USD 500,000 |
ETH | 60%/50% | USD 500,000 |
Initial Margin / Maintenance Margin | Exposure limit | |
---|---|---|
BTC | 40%/30% | USD 500,000 |
ETH | 50%/40% | USD 500,000 |