Crypto FX

Trade Cryptocurrencies easily – Gain exposure to leading Cryptocurrencies – without having to open a crypto exchange account

What is Crypto FX

Crypto FX offers a seamless blend between the traditional FX offering and the world of decentralized cryptocurrencies. It is essentially a leverage FX product variation used to participate in the cryptocurrency space by pairing with major fiat currencies and traded over-the-counter on a margin basis.

Participants can hold long or short position to take advantage of both market rallies and corrections. There is no underlying cryptocurrency associated with the Crypto FX position and no crypto wallet required.

Crypto Pair

Minimum spread

SGD 19,999 and below
SGD 20,000 – 50,000
Hall of Fame
SGD 50,001 and above
BTCUSD 140 130 120
BTCEUR 120 110 105
BTCJPY 16000 15000 14000
ETHUSD 8.2 7.8 7.4
ETHEUR 6.8 6.4 6
ETHJPY 950 900 850

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.

Crypto FX FAQs

Currently we have the following pairs available on our BOOST trading platform:

Cryptocurrencies offered Major currencies paired with
Bitcoin (BTC) USD
Ethereum (ETH)

A crypto wallet is not required because there are no physical cryptocurrencies involved. There is no physical settlement or delivery of the underlying cryptocurrency and no deposits and withdrawals of cryptocurrencies supported. You can use your existing accounts with us to trade the Crypto FX pairs.

Crypto FX are categorised as unlisted Specified Investment Products (SIPs). The Monetary Authority of Singapore (MAS) requires us to assess your investment knowledge and experience through Customer Knowledge Assessment (CKA) before you are enabled access to this product.

You may email your request to [email protected]. The team will send you a Risk Warning which highlights some of the risks associated with trading Crypto FX. You must acknowledge your understanding and acceptance of the associated risks via email reply.

Yes, CryptoFX is a leveraged product and is traded on margin basis. You will need to have sufficient funds in your trading account in order to initiate and maintain your trades and positions.

Currently we have the following pairs available on our BOOST trading platform:

Cryptocurrencies offered Initial Margin Maintenance Margin
Bitcoin (BTC) 50% 40%
Ethereum (ETH) 60% 50%

Yes, an open position held overnight will be rolled over to the next available business day depending on the fiat currency. The Tom/Next swap point applied is derived from the interest rate differential between the crypto funding rate and the interest rate on the fiat currency.

Crypto FX follows standard FX trading hours and is not traded over the weekend while the underlying cryptocurrencies continue to trade over the weekend, as such, you need to be mindful of the exposure risks on your positions.

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

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

Cryptocurrencies offered Minimum trade size
Bitcoin (BTC) 0.01 BTC
Ethereum (ETH) 0.1 ETH

Why trade with ProsperUs?

Wide choice of crypto crosses

Competitive and transparent prices

Leverage your position, put up only a fraction of the full value upfront

User-Friendly Platform