The cryptocurrency market is made up of various types of assets, including Bitcoin, Ethereum, Litecoin, and many others. The market is highly volatile and traded globally, making it one of the most popular financial markets. With an average daily trading volume of over $200 billion, the cryptocurrency market is also highly liquid.

Cryptocurrency trading is done through buying and selling of digital coins, with each representing a specific asset or token. The market is traded over-the-counter (OTC), meaning there is no centralized exchange, and each exchange is providing its own quotes, with the global market acting as the point of reference for the quotes provided.

Bluefin Trading is an online trading platform that offers its clients access to the cryptocurrency market. We provide traders with the ability to buy and sell cryptocurrencies, allowing them to profit from price movements without having to physically purchase and exchange the underlying assets.

Cryptocurrency is quoted in pairs, with each representing a specific token or asset. The first currency is called the “base” currency (representing the volume you wish to trade), and the second is called the “term” or “quote” currency (representing the current exchange rate).

For example, the price of BTC/USD represents the amount of US dollars that can be exchanged for one Bitcoin.

BTC/USD = 46,891.20

This means that currently, one Bitcoin is equal to $46,891.20.