There are two options when trading in the cryptocurrency market. You can buy actual cryptocurrency on exchanges, where you own the underlying asset.
Alternatively, you can trade cryptocurrency CFDs. A CFD is a popular type of derivative that allows you to trade on margin, providing you with greater exposure to the financial markets. CFDs are a type of derivative so you do not buy the underlying asset itself. Instead, you buy or sell units for a given financial instrument depending on whether you think the underlying price will rise or fall.
However since crypto CFDs are leveraged over-the-counter-products, trading involves a high level of risk. Trading with leverage magnifies both gains and losses.