Pepperstone crypto Trading
If you are interested in trading crypto, you have plenty of options. Indeed, cryptocurrencies are now available everywhere, from ATM machines to payment apps, investment platforms, and much more. Moreover, each of these platforms has its own rules, regulations, and fees in terms of crypto trading. This means investors need to do their due diligence before investing. For instance, Pepperstone is one of the more well-known platforms that may be used to trade crypto. That said, here is a closer look at Pepperstone and how to go about investing in crypto trading using that platform.
Can You Trade Crypto at Pepperstone?
Yes, you can trade crypto at Pepperstone. Here is a list of Peppertone’s crypto pairs:
XRP/USD
Crypto10
Crypto20
Crypto30
ETH/BTC
XAU/BTC
Here are the crypto trading restrictions when trading with Pepperstone:
The platform requires a daily break from 23:59-00:01 Sun-Fri. Saturday break from 00:00-01:01, 17:00-23:59. Sunday midday break from 10:00-12:00.
The platform is closed for crypto trades on Saturday and Sunday.
The platform takes a daily break from 23:59-00:01 Sun-Fri. Saturday break from 00:00-01:01, 17:00-23:59.
In terms of leverage, SCB-licensed clients can trade with up to 500:1 leverage as a Pepperstone Pro. Retail leverage is capped at 200:1. They have a $0 minimum in terms of trading pairs.
Pepperstone Trading Hours (GMT and Local Exchanges Time)Why trade Cryptocurrency CFDs with Pepperstone?
If you are wondering about the benefits of trading crypto with Pepperstone, some of them are as follows:
Outstanding Customer Service: Pepperstone provides its clients with award-winning customer service. Their customer service team is available 24 hours a day, 5 days per week, and 18 hours a day on weekends.
Weekend Trading Available: Pepperstone also offers weekend trading on Bitcoin, Litecoin, Bitcoin Cash, Ripple, Ethereum, Polkadot, and more.
Digital Wallet not Required: Additionally, another major benefit of trading crypto CFDs with Pepperstone is that you can do so without the need for a digital wallet.
It’s an International Platform: Moreover, Pepperstone is a global platform for Forex and CFD. It is regulated by BaFin, CMA, ASIC, CySEC, FCA, DFSA, and SCB.
Investments made Simple: Lastly, it makes it possible for investors to choose their own journeys. No matter if you want to go long or short on Bitcoin CFD price movements, you can do so with leverage of up to 10:1 on all of Pepperstone’s trading platforms.
Pepperstone Crypto Fees
The fees from Pepperstone start from $3.50 USD. Additionally, the spreads start at 0.01 pip. On the other hand, in the broker’s space, the spread list begins at 0.0 pip, while the commissions start at AUD 3.5 per standard lot for the Razor Account.
Pepperstone Fees and Spread ExplainedCan I Deposit and Withdraw Cryptocurrencies?
Yes, it is possible to deposit and withdraw cryptos using an e-wallet.
Direct Crypto Trading vs. Crypto CFDs
Each of these trading methods has its benefits.
Direct Crypto Trading makes it possible to trade with a wider array of products, lower trading fees, easier payments, and access to Defi and NFTs.
On the other hand, when trading CFDs, users can benefit in both bull and bear markets; it doesn’t require you to be tech-savvy, doesn’t require a crypto wallet, and offers access to leverage trading.
Pepperstone Alternatives
As mentioned, there are plenty of platforms to trade cryptocurrencies. Either way, direct trading is much cheaper, and it allows you to hold a real crypto asset.
Here are some of the best Pepperstone alternatives:
Coinbase - best crypto exchange
Coinbase is one of the top crypto exchanges. It has a convenient app, wallet, and other tools that make learning and investing in various cryptos super simple.
eToro - best crypto broker
On the other hand, eToro is highly revered because it offers over 30 types of cryptos and allows investors to invest in multiple assets.
FAQ
Can I change my Pepperstone Account Type?
Yes, if you want to change your Pepperstone account, you can do so by emailing the company at support@pepperstone.com. Alternatively, you can simply message the company on the website via Live Chat, and they will change the trading account type for you.
Can you cancel a Withdrawal?
Yes, if you have not yet confirmed the withdrawal request, you can simply cancel it by the ‘Cancel Withdrawal’ link in the confirmation email. Alternatively, you can navigate to the ‘Secure Client Area’ within an hour of initiating the withdrawal. To cancel it, simply navigate to the ‘Withdrawal’ section, select ‘History,’ and if the withdrawal has been unconfirmed for over an hour, it will be automatically canceled.
Can a deposit fail?
Yes, a deposit can fail if you provide incorrect credit card details, because you have reached your transactional limit for the day, as a result of fraud prevention, and several other reasons. If you feel a deposit failed in error, be sure to reach out to Pepperstone support as soon as possible.
What are the limits to withdrawing from Pepperstone?
There is a minimum withdrawal amount, which is shown in the ‘secure client area.’ However, if you have open trades on your account, you can only withdraw up to 90% of your free margin.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Also, Andrey is a member of the National Union of Journalists of Ukraine (membership card No. 4574, international certificate UKR4492).
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).