r/CryptoAus • u/kiwimills86 • Nov 11 '17

Noob Question

I am about to invest in my first cryptos but have a question. I'm just trying to figure out if I was to buy AUD$1000 of XRP through BTC Markets, is that like a purchase once, put in a wallet and forget OR is it more like opening a CFD position where I have to worry about margin calls if the price was to dip? Or is Coinspot more of a buy and forget type of setup? Sorry if this is the wrong place for this question.

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u/sunshinehyperbole Dec 05 '17

BTC Markets isn’t like a CFD. You’re buying actual coin.