Tasman Coin
Crypto CFDs

Crypto CFDs

A CFD on BTC/USD settles in cash and never touches a wallet — what that changes, and what it costs.

depositYour methodcard, bank or walletThe brokerfunds held by the entityTrading accountmargin and openpositionswithdrawal returns the same waySame name, same methodThis is the rule at everyregulated broker, not aFxPro policy.
A CFD settles in cash: the coin never moves, and neither does a wallet. This is the route the money takes instead.

What a crypto CFD is, and what it is not

A CFD on BTC/USD is a contract with your broker that settles in cash. You never hold a coin, there is no wallet, no private key and no exchange account, and you cannot send what you bought anywhere. What you own is the price difference.

That cuts both ways. Custody risk disappears, and in exchange you take on the broker as counterparty, margin, and an overnight charge for every night the position stays open.

Leverage is the part that decides the outcome

BTC/USD can travel in a day what a metal travels in a month, so the leverage you pick is not a detail — it sets how far the market may go against you before the position is closed for you.

Work the two numbers out before you open anything: the margin locked by the size you want with the margin calculator, and the size that fits your stop with position size.

What this page will not do

It will not forecast a coin, rank exchanges, or print a spread table. Crypto spreads move with the hour and the venue, and a figure copied from somewhere else is the least reliable number on any page of this kind.

Where a figure appears here it comes from a broker document and carries the date we read it. The rest is the arithmetic of position size, which is yours to do and ours to make easy.

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FAQ

Common questions

Do I own any bitcoin when I trade a crypto CFD?

No. A crypto CFD is a contract on the price of BTC/USD, so you never hold the coin or need a wallet. You profit or lose from the price difference, and you pay the costs of the contract. That removes custody risk but replaces it with leverage and counterparty risk.

How does leverage work on a bitcoin CFD?

Leverage lets you control a position larger than your deposit by posting margin, up to 1:200 for Australian clients. At 1:200, a 0.10-lot bitcoin position needs about $385.00 margin at the reference price. Leverage magnifies losses as well as gains, so treat the cap as a maximum, not a target.

What does a bitcoin CFD cost to hold?

Holding a CFD costs the spread on entry and exit plus financing if the position stays open overnight, and possibly a commission depending on the instrument. The amounts depend on market liquidity and how long you hold, so check the platform's current terms rather than relying on a fixed number.

Can I short bitcoin with a CFD?

Yes. A CFD lets you take a sell position on BTC/USD, so you can profit if the price falls, subject to the same costs and leverage rules. Shorting does not remove risk; a rally against your position can trigger losses quickly. Set a stop and size the trade with our position size calculator first.

What happens if bitcoin moves sharply against my CFD position?

A sharp adverse move can produce losses larger than your initial margin, and the position may be closed out if margin falls below the required level. Because BTC/USD can gap, stop losses may fill at a worse price than requested. Keep position size modest relative to your balance to survive those moves.