The profile of Simon Mbaya and their contact details have been verified by our experts
Simon Mbaya
- Rate TSh 9,524
- Response 1h
-
Students1
Number of students Simon Mbaya has accompanied since arriving at Superprof
Number of students Simon Mbaya has accompanied since arriving at Superprof
TSh 9,524/hr
See Trading tutors
Unfortunately, this tutor is unavailable
- Trading
Skilled Crypto Tutor that teaches crypto currency trading for all levels worldwide.
- Trading
Lesson location
About Simon Mbaya
What is blockchain?
A blockchain is a shared digital register of recorded data. For cryptocurrencies, this is the transaction history for every unit of the cryptocurrency, which shows how ownership has changed over time. Blockchain works by recording transactions in ‘blocks’, with new blocks added at the front of the chain.
See more
About the lesson
- Primary school
- Ordinary Level
- Form 5
- +14
levels :
Primary school
Ordinary Level
Form 5
Form 6
Terminale
Adult Education
Bachelor’s Degree
Master’s Degree
Diplomgrad
Staatsexamen
PhD / Doctorate
ACCA
CIMA
Bar Professional Training Course
MBA
Nursery
JAMB
- English
All languages in which the lesson is available :
English
duct works and whether you can afford to take the high risk of losing money.
More from IG
Log in
Create live account
IG
Menu
English
What is cryptocurrency trading and how does it work?
Cryptocurrency trading involves speculating on price movements via a CFD trading account, or buying and selling the underlying coins via an exchange. Here you’ll find more information about cryptocurrency trading, how it works and what moves the markets.
Find out more
Practise on a demo
Contact us: +61 3 9860 1799
Established 1974
313,000+ clients worldwide
17,000+ markets
What is cryptocurrency trading?
Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.
CFD trading on cryptocurrencies
CFDs trading are derivatives, which enable you to speculate on cryptocurrency price movements without taking ownership of the underlying coins. You can go long (‘buy’) if you think a cryptocurrency will rise in value, or short (‘sell’) if you think it will fall.
Both are leveraged products, meaning you only need to put up a small deposit – known as margin – to gain full exposure to the underlying market. Your profit or loss are still calculated according to the full size of your position, so leverage will magnify both profits and losses.
Buying and selling cryptocurrencies via an exchange
When you buy cryptocurrencies via an exchange, you purchase the coins themselves. You’ll need to create an exchange account, put up the full value of the asset to open a position, and store the cryptocurrency tokens in your own wallet until you’re ready to sell.
Exchanges bring their own steep learning curve as you’ll need to get to grips with the technology involved and learn how to make sense of the data. Many exchanges also have limits on how much you can deposit, while accounts can be very expensive to maintain.
See more
Rates
Rate
- TSh 9,524
Pack prices
- 5h: TSh 45
- 10h: TSh 90
online
- TSh9,524/h
Similar Trading teachers in Maiduguri
Max
Dijon, France & Online
- TSh 294,942/hr
- 1st lesson free
Reece
London, United Kingdom & Online
- TSh 121,996/hr
- 1st lesson free
Clément
Paris 14e, France & Online
- TSh 197,641/hr
Raphael
Paris 16e, France & Online
- TSh 182,438/hr
Gabriel Oche
London, United Kingdom & Online
- TSh 87,140/hr
- 1st lesson free
Benjamin
Laval, France & Online
- TSh 197,641/hr
Salam
Paris 1er, France & Online
- TSh 608,127/hr
Jérémy
Genève, Switzerland & Online
- TSh 199,386/hr
- 1st lesson free
Paul
Maldon, Australia & Online
- TSh 187,036/hr
- 1st lesson free
Zakarya
Paris, France & Online
- TSh 148,991/hr
- 1st lesson free
Ghina
Kecamatan Tebet, Indonesia & Online
- TSh 17,825/hr
Andrea, PhD, CQF
London, United Kingdom & Online
- TSh 348,560/hr
Min
Epsom, United Kingdom & Online
- TSh 191,708/hr
- 1st lesson free
Andy
Châtillon, France & Online
- TSh 152,032/hr
- 1st lesson free
William
Paris 10e, France & Online
- TSh 288,860/hr
Romuald
Cannes, France & Online
- TSh 152,032/hr
- 1st lesson free
Brendan
Canberra, Australia & Online
- TSh 112,221/hr
- 1st lesson free
Adrian
Chippendale, Australia & Online
- TSh 187,036/hr
- 1st lesson free
Max
Sydney, Australia & Online
- TSh 317,961/hr
- 1st lesson free
Miki
London, United Kingdom & Online
- TSh 87,140/hr
- 1st lesson free
-
See Trading tutors
