Start Trading Bitcoin with CMT

Bitcoin is a digital coin, designed to be transferred between people in virtual transactions. It exists only as data and not as physical objects; you cannot actually hold a Bitcoin in your hand or keep it in your home. Now is the right time to get into Bitcoin trading as it still offers a very lucrative investment opportunity.

Don’t miss your opportunity to trade Bitcoin with an award-winning broker.

How to Trade Bitcoin

Trading Bitcoin is very easy and can be done in a few easy steps. The first thing you need to do is choose a top regulated broker so that your funds stay safe and secure. Next: open an account, make a deposit, and start trading.

Trading cryptocurrencies is possible through a trading platform, such as MetaTrader 4. Cryptocurrencies and Bitcoin are generally traded against the US Dollar. However, it should be noted that trading Bitcoin with a broker means trading contracts for difference (CFDs), without physically owning the asset. In fact, trading Bitcoin CFDs also allows investors to profit in both rising and falling markets.

When it comes to trading Bitcoin strategies, just like any other, it is a market asset. Therefore, it can be affected by the same basic and psychological factors as other financial instruments. All cryptocurrencies are volatile and make great trading assets for all traders.

Any trader starting to trade Bitcoin should take the time to study the news and learn how the market reacts to it, since news and events can greatly affect the price of cryptocurrencies.

How to Trade Bitcoin

Bitcoin is a payment system that was introduced to the world in 2009. It is the first decentralized digital currency, and is currently the largest of its kind based on overall market value. It uses technology to transfer value from one person to the next, without the use of central banks. Bitcoin crypto is open-source, nobody owns or controls Bitcoin and everybody can take part in it.

Bitcoin has many features that were not available prior to its technology. For example, all transactional data is kept anonymous and private, and this includes the identity of the people involved in each transaction. It is impossible to trace where the funds have been transferred to. In addition, there are very little transaction fees involved and transfers are completed within seconds.

Bitcoins are created by miners. Mining is the process of verifying transactions on the network. Miners use a computer to verify transactions and are rewarded for it with cryptocurrency. These crypto coins can then be transferred globally using digital wallets. A transaction is a transfer of value between Bitcoin wallets, that is then included in the Blockchain.

What is a Bitcoin wallet? It is a secret piece of data called a private key, which is used to sign transactions, requiring mathematical proof that they have come from the owner of the wallet. You can then trade Bitcoin as often as you want.

When you own one, or part of the digital coin, it means you have the approval and agreement of every computer on that particular network that it is legitimate.

Top Reasons to Trade Bitcoin

  • Increase in digital and mobile payments. Paper money is slowly being used less and less. PayPal and Skrill are some examples of recent paperless ways of sending transitions online. Bitcoin is faster and easier to use. It is being more and more accepted worldwide, and more retailers are starting to accept bitcoin.
  • Governments are slowly allowing cryptocurrencies to be used as a form of payment. When Bitcoins first hit the markets regulators and governments were very skeptical, however, with time this has changed.
    For example, Japan has recently announced that it recognizes Bitcoin as a legal payment method. Australia and Russia are moving in the same direction. Several banks are looking to the technology and solutions for managing the high demands of bitcoins today and in the future.
  • Bitcoin’s worldwide perception is improving While in the past people thought the anonymity of Bitcoin led to criminal activity, it has now been proven that Bitcoin has stood strong during the test of time. International institutions, top retailers and investors are now involved in Bitcoin trading.
  • Demand for Bitcoin reaches all time high Around the world the demand for cryptocurrencies is growing. The demand for Bitcoin is high even in emerging markets, since Bitcoin is considered a more stable alternative to cash. Some countries like the USA, Japan and Brazil have the largest Bitcoin economies in the world.

Why Trade Bitcoin with CMTrading

Bitcoin is a payment system introduced to the world in 2009 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.

Here are some advantages for trading bitcoin with CMT:

  • We offer Bitcoin CFDs with up to 1:5 leverage
  • Start with as little as $100 deposit
  • Bitcoin trading is available 24/5
  • Safe and secure trading platform, where investors can speculate on prices without owning the cryptocurrencies
  • CMTrading is an international regulated broker
  • Bitcoin has proven to be a volatile asset and great for traders looking to diversify their trading portfolio