Trade Bitcoin on Forex. How Bitcoin Became So Popular? Bitcoin was the first digital currency to be created. It is also the most respected, capitalized and traded cryptocurrency in the world. Bitcoin trading is booming, and a big reason for this is the volatility of this cryptocurrency. Currency trading allows for maximum yield when it is volatile – lots of ups and downs. This is precisely the reason global traders enjoy trading Bitcoin. Plenty of profitable opportunities are available when markets are volatile, and Bitcoin ranks highly with currency traders. The media plays a big part in the volatility of Bitcoin. Whenever a breaking story surfaces, Bitcoin volatility increases, and traders cash in. History has shown that Bitcoin traders and speculators routinely push this digital currency to the forefront of CFD trading.
It is increasingly being used as the preferred payment option at merchants, for money transfers and for trading purposes. More traders are turning to Bitcoin trading than ever before, and that is why this cryptocurrency is inherently valuable. It is a high demand financial trading instrument, despite no association with governments or central banks. Bitcoins are mined with powerful computer hardware and software. A maximum of 21 million Bitcoin will be available, after which no further bitcoins will be produced. The algorithm which governs the production of Bitcoin limits the quantity that will be produced, and the rate at which they will be produced. It is a finite commodity – there is a fixed amount, and that ensures that greater demand will always prop up the price. In this way, it is similar to other finite commodities such as crude oil, silver, or gold.
Trading Cryptocurrencies with Plus500
Plus500 is not only a leading global broker, but also a pioneer in the digital currencies trading market. Being among the first brokers to introduce Bitcoin, and the first to add Ethereum, and Litecoin to its trading portfolio. The Plus500 trading platform is offered by Plus500UK Ltd. A UK based company with its offices located in the city of London. The company is authorised and regulated by the Financial Conduct Authority (FCA) to offer Contracts For Difference (CFD). The company is a rapidly growing CFD provider and currently offers its portfolio of over 1000 instruments. Plus500UK Ltd is a subsidiary of Plus500 Ltd; a company listed on AIM, one of the equity markets of the London Stock Exchange.
Why trade Bitcoin with Plus500?
They offer Bitcoin CFD trades of up to 1:10 leverage.
You can start trading Bitcoin from as little as £100/$100/€100.
Volatility makes for an excellent addition to any financial trading portfolio.
Plus500 offers zero commissions on Bitcoin trading and no bank fees charged on transactions, making it far more profitable.
Enjoy live language specific customer support around the clock.
Plus500 is 100% regulated to ensure a seamless trading experience.
The Bitcoin market is available to traders 24/7, for maximum convenience.
1-click functionality allows you to buy/sell Bitcoin on their Plus500 Platform via Windows Trader, Web-Trader, iPhone/iPad/Apple Watch, Android app and Windows Phone app.
How to Trade Bitcoin (BTC) CFDs in 4 Easy Steps
1. Open a trading account with Plus500.
2. Fund your account.
3. Choose between Bitcoin contracts.
4. Start trading.
High Rated CFD Provider
Plus500 is one of the highest rated CFD trading apps on Apple’s AppStore and Google Play as it is simple to use yet powerful in its many advanced features. It also includes CFDs on popular financial instruments. They offer the complete package: Leverage of up to 1:300. Tight spreads. No commissions. Fast and reliable order execution. Plus500 Mobile App Download Now.
Bitcoin is the world’s first digital currency and it is expanding in popularity worldwide. Now, traders can trade Bitcoin with Plus500 as the ideal asset in CFD trades. With their Plus500 Platform – you can trade this rapidly growing currency against the greenback, 24/7. Bitcoin is highly regarded among currency traders, and its volatile nature makes it ideal for CFD trading.
Risk Disclosure Notice
CFD’s can put your capital at risk if used in a speculative manner. CFD’s are categorized as high risk by some regulatory authorities as there is no protection of capital, no guaranteed return and customers can lose the amount invested. With the Plus500 Trading Platform it is not possible to lose more than the amount invested and customers cannot be left in debt to Plus500. Trading CFD’s is not suitable for all investors; make sure you fully understand the risks involved.
Plus500 Licensing Information
Plus500 Ltd operates its CFD business through its subsidiaries: Plus500UK Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA), FRN 509909; Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises they to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents available on their websites. Plus500CY Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) SEC registration number 250/14.