NAGA Expands Crypto Trading Capabilities with Launch of CryptoX for CFD Markets
Limassol, Cyprus, January 30th, 2025, Chainwire
NAGA, a multi-asset financial platform, has announced the launch of CryptoX, a new cryptocurrency CFD trading feature designed to provide traders with expanded market access and enhanced flexibility. CryptoX introduces a set of features aimed at addressing key aspects of crypto trading, including cost efficiency, market accessibility, and trading convenience.
Key Features of CryptoX
- No Overnight Fees on Long Positions
Traders can hold cryptocurrency positions without incurring overnight fees on long (BUY) positions, offering a cost-effective option for those seeking extended market exposure.
- 1:1 Market Exposure
CryptoX provides trading with real-time market prices that reflect the underlying cryptocurrency asset, ensuring transparency and accuracy.
- Low Minimum Investment
Users can begin trading with as little as $1, enabling access to fractional investments in assets such as Bitcoin, Ethereum, and other cryptocurrencies.
- 24/7 Market Access
CryptoX allows continuous trading, including weekends, aligning with the always-active nature of the cryptocurrency market.
Additional Features
CryptoX is designed to cater to both long-term investors and short-term traders. Eliminating overnight fees on long positions provides a cost-efficient structure that supports extended market exposure. The feature also ensures accessibility with a low entry requirement, making it suitable for a broad range of traders. Offering exposure to over 30 cryptocurrencies, CryptoX enables users to diversify their portfolios across established and emerging digital assets.
Copy Trading Integration
CryptoX is integrated with NAGA’s copy trading feature, enabling users to replicate the strategies of experienced traders within the platform’s community. This functionality provides an additional resource for users looking to diversify their trading approaches.
About NAGA
NAGA is a multi-asset trading platform that provides access to a range of financial markets, including stocks, forex, commodities, and cryptocurrencies. The platform offers trading, investing, and social trading tools designed to enhance user experience and accessibility. With a focus on innovation and transparency, NAGA aims to bridge the gap between traditional finance and digital assets through its technology-driven solutions.
Terms and conditions apply. No overnight fees apply only to long (BUY) positions. Users can refer to NAGA’s Costs and Charges Policy for full details.