How can we determine if ByBit is safe or not? In this article, we will go through ByBit history, ByBit team, Bybit company and determine
What is CFD Trading?
CFD trading, contract for difference trading, is a contract between two parties. CFD trading consist of a buyer and a seller. They agree that the seller will pay the buyer the difference between the current value of an asset and its value at contract time. If the difference is negative the buyer pays instead. CFDs are financial derivatives that allow traders to speculate in prices moving up (long positions) and prices moving down (short positions).