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New Listing: The Sandbox (SAND) Crypto CFD is now available to trade on ThinkMarkets

New Listing: The Sandbox (SAND) Crypto CFD is now available to trade on ThinkMarkets

New Listing: The Sandbox (SAND) Crypto CFD is now available to trade on ThinkMarkets

We are pleased to announce that you can now trade the latest Metaverse Crypto CFD tokens, including The Sandbox (SAND) on the ThinkMarkets trading platform.

Metaverse tokens have been all the rage since Facebook announced its rebrand to Meta in 2021 which created a swift renewal of interest in virtual worlds and the tokens that can be used to buy land and in-game items within them.

During this time, some metaverse cryptocurrencies have gained more than 10,000% which has left lots of traders wondering how such tokens will perform in the future and whether they have become overhyped or overpriced.

For traders, the extreme volatility in price action of Metaverse tokens offers benefits to CFD traders that buying physical crypto doesn’t always offer. For example, trading Metaverse tokens as a crypto CFD allows you to not only trade on the extreme price increases but you can also trade on falling market prices which means you can take advantage of both bullish and bearish markets.

If you are keen to know more about how you can trade metaverse tokens on the ThinkMarkets platform, check out our latest tutorial on how to trade the Sandbox (SAND) crypto CFD.

What you need to know:

SAND (The Sandbox) is an Ethereum token used in a virtual world where players can monetize gaming. HSBC is the first global bank to enter The Sandbox metaverse, joining WMG, Gucci and Adidas. The price of The Sandbox has risen by 13.21% in the last 7 days.

Advantages of trading Metaverse Crypto CFDs with ThinkMarkets:
  • Two-way opportunity - Ability to go long or short falling prices
  • Exposure to leverage means less up-front capital
  • High volatility means higher risk and/or reward
  • Ability to hedge your physical crypto portfolio
  • Security of an ASIC regulated broker
  • 24/7 customer support

To get started trading metaverse tokens such as the Sandbox (SAND), log into your ThinkPortal account and you can start trading within minutes.

Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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