What is Cryptocurrency trading?
Cryptocurrencies are digital representations of the price of a virtual asset. Technologies with good use-cases are generally more stable and worth more (such as Ethereum), which is generally reflected by a crypto assets market capitalisation. History has seen commodity backed currencies replaced by Forex; it is speculated the cryptocurrencies may be the future form of currency due to benefits such as diversification. Fiat currencies like Euros or US Dollars are considered legal tender by their respective governments, whereas cryptocurrencies are currently unregulated and not backed by governments.
An index is a measurement of the value of a section of the stock market. It is computed from the prices of selected stocks which are grouped together to form the index.