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.
Every trader makes mistakes, so it’s a good idea to familiarize yourself with a trading environment before you invest your money. To improve your trading skills, try opening a free demo trading account with a Forex company.
Trading Cryptocurrencies with AvaTrade
AvaTrade is a regulated forex broker, dedicated to providing its clients with tailor-made trading solutions, regardless of prior knowledge or experience. With AvaTrade you can begin trading immediately on any of they powerful platforms. AvaTrade 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, Dash, Ripple, Bitcoin Cash, and Litecoin to its trading portfolio. The company is authorised and regulated by the Central Bank of Ireland (No.C53877) to offer Contracts For Difference (CFD). The company is a rapidly growing CFD provider and currently offers its portfolio of over 1000 instruments.
Why trade Bitcoin with AvaTrade?
They offer Bitcoin CFD trades of up to 1:20 leverage.
You can start trading Bitcoin from as little as £100/$100/€100.
Volatility makes for an excellent addition to any financial trading portfolio.
AvaTrade 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.
AvaTrade is 100% regulated to ensure a seamless trading experience.
The Bitcoin market is available to traders 24/7, for maximum convenience.
Start today and get your special bonus!
How to Trade Bitcoin (BTC) CFDs in 4 Easy Steps
2. Fund your account.
3. Choose between Bitcoin contracts.
4. Start trading.
High Rated CFD Provider
AvaTrade 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 1:200. Tight spreads. No commissions. Fast and reliable order execution. AvaTrade 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 AvaTrade as the ideal asset in CFD trades. With their AvaTrade 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.
AvaTrade Licensing Information
AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877). AVA Trade Ltd is regulated by the B.V.I Financial Services Commission. Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684). Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.445984). Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574). Read AvaTrade risk disclosure before trading Forex, CFD’s, Spread-betting or FX Options. Forex/CFD, Spread-betting & FX Options trading involves substantial risk of loss and is not suitable for all investors.