
NAGA has introduced CryptoX, a new feature allowing users to invest in over 30 cryptocurrencies through CFDs with no overnight fees on long positions and 1:1 market exposure.
The product eliminates the need for digital wallets or private keys, offering a simplified way to gain price exposure to major cryptocurrencies. Users can hold positions indefinitely without incurring daily swap fees, a cost commonly associated with leveraged trading.
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Key features of CryptoX
- No overnight fees: Long-term investors can hold positions without accruing daily charges.
- Low entry point: Users can start with as little as $1, enabling fractional investment in high-value assets.
- 24/7 accessibility: The platform supports trading on weekends, allowing users to respond to market movements at any time.
- 1:1 exposure: Provides direct price tracking of underlying assets without the amplified risk of leverage.
Platform tools
CryptoX is integrated with NAGA’s ecosystem, offering TradingView charts for technical analysis and social trading features that let users follow and mirror the strategies of top traders.
Available assets
The feature covers a range of over 30 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Polkadot (DOT).
*No overnight fees for BUY (long) positions only. See NAGA’s Costs and Charges Policy.