What is Bitcoin?
Bitcoin is the world’s first digital currency and it is expanding in popularity worldwide. With the MetaTrader 4 platform you can trade this rapidly growing currency against the US Dollar 24/7. Many traders prefer to trade Bitcoin derivatives due to this asset’s highly volatile nature, which makes it ideal for CFD trading.
How to Trade Bitcoin CFDs in 4 Easy Steps
Open a trading account with Fx & Bitcoin
Fund your account
Fill in your preferred investment amount
Want to join the vibrant Bitcoin Market? Open a trading account with Fx & Bitcoin now!
Why Trade Bitcoin with Fx & Bitcoin?
Uncompromised Safety – With segregated accounts, your money is protected at all times.
Many Cryptos to Choose From – We Trade on wide variety of cryptos available on our trading platforms.
Bitcoin Never Goes to Sleep – Fx & Bitcoin Trader is one of the few brokers offer around-the-clock service and support.
Generous Leverage – Increase your initial capital with generous leverage and get far more exposure to trade than your account balance. Up to 20:1
Trade Cryptos Against Fiat Currencies – Unlike many exchanges out there, who are restricting their clients to trade only Crypto to Crypto, our clients can trade Cryptos against Fiat currencies (USD, EUR, JPY etc.), as well.
Bitcoin’s Rise to Prominence
Around 2008, Satoshi Nakamoto founded the first ever cryptocurrency, Bitcoin. At the time, a paper explaining its mechanics and the ideology behind it, was published through the Cryptography Mailing List.
The first Bitcoin software client was released in 2009, and Nakamoto collaborated with many other developers on the open-source team, never revealing his identity. By 2011, the enigmatic Bitcoin founder had disappeared. His peers then, understood how valuable this cryptocurrency was and worked feverishly to develop it to its maximum potential.
By October 2009, the world’s first Bitcoin exchange was established, and by November of that year 4 million Bitcoins had been ‘mined’. At the time, $1 was the equivalent of 1,309 Bitcoin – a fraction of a penny. Considering how widely Bitcoin fluctuates, that was a real steal: it hit the $10,000 mark within eight years.
And so, the rise of the Bitcoin begun…
Historical chart of bitcoin’s price and market cap
Open a trading account with Fx & Bitcoin Trader today and start trading Bitcoin easily and securely!
The maximum accumulated position size for Bitcoin is 100 BTCUSD (10 LOTS)
How Bitcoin Became So Popular
Bitcoin was the first digital currency to be created. It is also the most respected, capitalised and traded cryptocurrency in the world. Cryptocurrency trading allows for maximum yield when it is volatile, due to its many ups and downs. This is precisely the reason global traders enjoy Bitcoin trading.
The media plays a big part in Bitcoin’s volatility. Whenever a breaking story surfaces, Bitcoin starts to fluctuate and traders have the opportunity to 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 for merchants, money transfers and trading purposes. Bitcoin enjoys widespread popularity as a 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.
Don’t miss your opportunity to trade Bitcoin. Start Trading Now!
Please note: The cryptocurrencies market’s high volatility offers endless trading opportunities.