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ETH/SGD
 

Trade Ethereum / Singapore Dollar - ETH/SGD CFD

1m
5m
15m
30m
1H
4H
1D
1W

Trader sentiment

% Buyers % Sellers
  • Long position overnight fee -0.0500%
    Margin $1,000.00
    Overnight feeCharges from borrowed part ($-0.50) -0.0500 %
  • Short position overnight fee 0.0140%
    Margin $1,000.00
    Overnight feeCharges from borrowed part ($0.14) 0.0140 %
  • Overnight fee time 22:00 (UTC)
  • Min traded quantity 0.01
  • Currency SGD
  • Margin 50%
  • Trading hours (UTC)
    Mon - Thu: 00:00 - 22:00
    22:05 - 00:00
    Fri: 00:00 - 22:00
    Sun: 22:05 - 00:00
  • Commission on trade 0%

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Traders

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Active clients monthly

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Monthly investing volume

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Withdrawn each month

Ethereum to Dollar: trade ETH to SGD pair and track its real-time price

Ethereum to Dollar is a crypto-to-fiat pair that tracks the relationship between the 2nd most traded cryptocurrency in the world, Ethereum (ETH), which serves as the base currency, and the Singapore Dollar (SGD), which has been the official currency of Singapore since 1967.

With a GDP of USD$ 600 billion and a population of only 5.7 million residents Singapore is one of the wealthier nations in the world and it is among Asia’s strongest economies.

As a result, the Singapore Dollar (SGD) has positioned itself among the top 20 most traded currencies in the globe and its value is significantly influenced by the continuous flow of foreign investments into the country.

ETH to SGD is an attractive pair for those who understand the dynamics that drive the value of each individual currency. On the one hand, traders with exposure to Asian markets may be able to identify trading signals for ETH/SGD as a result of their technical or fundamental analysis.

Meanwhile, traders who conduct operations with cryptocurrencies may find this pair very attractive to speculate about the potential fluctuation in the value of ETH as a result of higher demand.

Traders can profit from price swings in both of the currencies that form the ETH to SGD pair by anticipating directional price movements in the value of any of the two currencies. Additionally, traders can take either long or short positions in ETH/SGD by using a Contract for Difference (CFD).

ETH continues to gain territory as a popular digital currency, as it has been increasingly adopted by online gaming platforms, e-commerce businesses, and even some brick-and-mortar retailers who understand that the widespread adoption of cryptocurrencies as suitable payment methods is unstoppable. 

This crypto token was first presented by Vitalik Buterin in 2013, but it was officially launched in 2015 as a blockchain-based operating system that features smart contracts. The market capitalisation of ETH is nearly $20 billion, putting this popular cryptocurrency in the second place, only preceded by the crypto-giant, Bitcoin.

As cryptocurrencies continue to gain credibility in the investment community, ETH has emerged as an alternative to the crypto pioneer BTC and the trading volume for this token has spiked in the last few years as a result. 

Meanwhile, the World Bank Organisation has ranked Singapore as one of the best countries to do business as a result of the country’s favourable policies towards entrepreneurship and its low level of bureaucracy. Additionally, this Asian country is one of the world’s most developed economies, attracting billions of dollars in foreign capital every year.

Singapore is also known from its conservative approach to public finances, considering the fact that the country has managed to maintain a low level of foreign debt for years, along with balanced macroeconomic policies.

Traders can benefit from ETH/SGD price swings by taking long or short positions on this crypto-to-fiat pair using Capital.com’s proprietary trading platform which features a real-time price chart and changes a zero per cent commission on trades.


Trade cryptocurrencies with leverage

Cryptos are available to trade with up to 2:1 leverage. Start trading with as little as $100 to control a position of $200

Crypto CFD’s

  • Trade 24/7 on a wide range of cryptos

  • Buy and sell cryptos to take advantage of rises and falls in price

  • No need to setup crypto wallets and private keys

Profit and loss control

You can easily define Stops and Limits to request positions to close at a specified price.

Set up price alerts to be informed of big moves.

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