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A smarter way to trade crypto

Whether you’re looking to speculate on short-term price action or playing the long game, trading crypto with Saxo is the secure, flexible and hassle-free way to invest in cryptocurrencies like bitcoin, ethereum and litecoin.

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Why trade crypto with Saxo?

  • Hassle-free
    Manage your crypto trading on an easy-to-use platform and don’t worry about crypto wallets, cold storage or recovery seeds.
  • Flexible
    Go long or short with leverage to capitalise on rapid price movements, or invest long-term in crypto on mobile or desktop.
  • Secure
    Keep your focus on price movement. You don’t own or store the coins, so you don’t need to worry about crypto exchange hacks or losing access.
  • Trusted
    Trade with a licensed and regulated bank that protects your funds, on a reliable platform fine-tuned over 25 years.

Risk transparency

Cryptocurrencies have become known for their extreme fluctuations in prices. While there is potential for significant gains, please understand the risks before investing.

  • Security
    With crypto markets still largely unregulated, they can be prone to market manipulation. Hackers have also gained unauthorised access to digital wallets and crypto exchanges in the past.
  • Liquidity
    Most bitcoins are held by a small number of investors, and many platforms and exchanges trade on their own books. In a sales rush, liquidity issues could leave investors sidelined with rapidly falling prices.
  • Boom or burst
    The parabolic price increases of cryptocurrencies are largely driven by speculation rather than intrinsic value. The first crypto bubble burst spectacularly in 2018, suggesting history could repeat itself.
  • High volatility
    In 2017 bitcoin’s value soared by more than 1,000%, before losing 80% of its value in early 2018. Since the start of 2019, it has climbed more than 800% as of January 1st 2021, spurred on by large corporations’ entry into the crypto space.

    Ways to trade crypto with Saxo

    Choose a product that suits your strategy and risk appetite

    Crypto FX
    Crypto FX

    cfx  Crypto FX

    Take advantage of short-term volatility with leverage

    Wide choice of crypto crosses

    Trade bitcoin, ethereum, litecoin and more against the major fiat currencies. Trading Crypto FX pairs means you don’t have to exchange between currencies when it’s time to cash out. We offer BTC, ETH and LTC against USD, EUR or JPY.

    Take advantage of rising and falling markets

    Don't limit yourself to bull markets. Go long or short and trade the market in either direction.

    Increase your buying power

    Trade Crypto FX pairs with leverage to increase your purchasing power and maximise your exposure to potential gains. Please note that leverage also amplifies potential losses as well as gains.

    Crypto-ETP-L
    Crypto ETP

      Crypto ETPs

    Take a long-term view with unleveraged exchange traded products (ETPs)

    The simple way to diversify your portfolio with crypto

    Invest over the long-term with crypto ETPs. Buy and hold just like you would with stocks. We offer ETNs and ETFs on bitcoin, ethereum, ripple, tezos and others.

    A more cost-efficient way to buy and hold

    Avoid interest and roll-over fees with ETPs, if you want to make cryptocurrencies a long-term component of your portfolio.

    Manage your risk

    Crypto markets can be notoriously volatile. ETPs aren't traded with leverage, so you can’t lose more than you invest, even in the event of a drop in crypto prices.

    Competitive and transparent prices

    See our competitive fees upfront, so you can keep more of your returns without any surprises.

    Swipe left or right for more
    ClassicPlatinumVIP
    All currency pairsClassic SpreadPlatinum SpreadVIP Spread
    BTCUSD160150140
    ETHUSD9.08.68.2
    LTCUSD1.051.000.95
    BTCEUR140130120
    ETHEUR7.67.26.8
    LTCEUR1.000.950.90
    BTCJPY180001700016000
    ETHJPY10501000950
    LTCJPY120115110

    The prices above are indicative minimum spreads and will vary according to the country of residency. To see live and historical spreads please click here. A full overview of exact pricing is available through the platform trade tickets. 

    Learn more about trading crypto with Saxo

    Start trading with Saxo today

    Opening an account takes 5 minutes

    Trade crypto on our award- winning platform

    Trade crypto on our award- winning platform

    Trade cryptocurrencies like bitcoin, ethereum, litecoin and ripple on an easy-to-use platform that puts powerful tools in your hands. Track your coin’s trends with advanced analytics and put robust risk-management solutions in place.

    Frequently Asked Questions

    Saxo offers access to crypto through exchange traded products (ETPs) and a variety of Crypto FX pairs e.g. BTCUSD, LTCEUR and ETHJPY.
    A crypto wallet is not required because you do not own the underlying coins when trading ETPs or Crypto FX pairs. This also means that there is no need for cold storage solutions or recovery seeds.
    Saxo does not allow funding or withdrawal in cryptocurrencies.
    Crypto FX pairs are available on the SaxoTraderGO and SaxoTraderPRO platforms.

    Crypto FX pairs support fractional trading which allows you to trade in fractions of a crypto.

    This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.

    Swipe left or right for more
    Minimum trade size
    BTC0.01 BTC
    ETH0.1 ETH
    LTC1 LTC
    Crypto FX pairs are not subject to a minimum commission.
    You can short crypto using Crypto FX pairs, allowing you to benefit from falling prices.

    Crypto FX is open for trading 24 hours a day, 5½ days a week, opening on Sunday evening at 18:00 Eastern Time (ET) and closing on Friday evening 17:00 Eastern Time.

    Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.

    Find more information about Crypto FX trading hours here.

    The trading profit/loss will always be settled in the second currency in the Crypto FX pair which is always the fiat currency e.g. BTCUSD will be settled in USD and converted to your account currency.

    Crypto FX positions do not settle into physical crypto. Instead, open positions held at the end of a trading day (17:00 Eastern Standard Time) are rolled forward to the next available business day.

    You can find more information on the rollover procedure along with Historic swap points here.

    You can find the full point catalogue for SaxoRewards here.

    Crypto FX pairs are leveraged instruments which allow you to open positions in greater size than you available collateral. Please note that leveraged instruments amplify both trading gains and losses. You can find the relevant margin requirements for Crypto FX pairs here.

    Saxo Bank will apply an Exposure Limit of USD 50,000 per coin for Retail and USD 200,000 per coin for Professionals across all Crypto FX pairs.

    Please see below for the margin requirements.

    Retail clients

    Swipe left or right for more
    Initial Margin / Maintenance MarginExposure limit
    BTC50%/40%USD 50,000
    ETH60%/50%USD 50,000
    LTC60%/50%USD 50,000

    Professional accounts

    Swipe left or right for more
    Initial Margin / Maintenance MarginExposure limit
    BTC40%/30%USD 200,000
    ETH50%/40%USD 200,000
    LTC50%/40%USD 200,000

    Ready to get started?

    Opening an account takes around 5 minutes 


    Disclaimer

    None of the above information constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy. This material is produced for marketing and/or informational purposes only and Saxo Bank A/S and its owners, subsidiaries and affiliates whether acting directly or through branch offices (“Saxo Bank”) make no representation or warranty, and assume no liability, for the accuracy or completeness of the information provided herein. The information and commentaries are not intended to be and do not constitute financial, investment or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank. In providing this material Saxo Bank has not taken into account any particular recipient’s investment objectives, special investment goals, financial situation, and specific needs and demands and nothing herein is intended as a recommendation for any recipient to invest or divest in a particular manner and Saxo Bank assumes no liability for any recipient sustaining a loss from trading in accordance with a perceived recommendation. All investments entail a risk and may result in both profits and losses. In particular investments in leveraged products, such as but not limited to foreign exchange, derivates and commodities can be very speculative and profits and losses may fluctuate both violently and rapidly. Speculative trading is not suitable for all investors and all recipients should carefully consider their financial situation and consult financial advisor(s) in order to understand the risks involved and ensure the suitability of their situation prior to making any investment, divestment or entering into any transaction. Any mentioning herein, if any, of any risk may not be, and should not be considered to be, neither a comprehensive disclosure or risks nor a comprehensive description such risks. Any expression of opinion may be personal to the author and may not reflect the opinion of Saxo Bank and all expressions of opinion are subject to change without notice (neither prior nor subsequent).

    This disclaimer is subject to Saxo Bank's Full Disclaimer available at www.home.saxo/disclaimer.

    Forex & ETPs risk warning

    Forex is categorised as a red product as it is considered an investment product with a high complexity and a high risk. Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For further information click here.

    Democratising trading
    and investment for
    more than 25 years.

    Saxo Bank A/S (Headquarters)
    Philip Heymans Alle 15
    2900
    Hellerup
    Denmark

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    Trade responsibly
    All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

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