How to Trade Bitcoin and Bitcoin Cash CFD’S in 4 Easy Steps
- Open a trading account with AvaTrade
- Fund your account
- Choose between Bitcoin (BTC) or Bitcoin Cash (BCH)
- Start trading
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 our platform MetaTrader 4 – 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.
Bitcoin Cash
This new cryptocurrency created by the bitcoin hard fork on August 1, 2017, made a new version of the blockchain with different rules. By switching from the main bitcoin blockchain to a new version, the software now has capacity for larger number of transactions.
Why Trade Bitcoin and Bitcoin Cash with AvaTrade
- We offer Bitcoin CFD trades with up to 20:1 leverage
- You can start trading Bitcoin from as little as £250/$250/€250
- Volatility makes for an excellent addition to any financial trading portfolio.
- Identically to Forex trading, 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 regulated on 5 continents
- The Bitcoin market is available to traders 24/7, for maximum convenience
- 1-click functionality allows you to buy/sell Bitcoin/Bitcoin Cash on our MT4 platform.
When trading with AvaTrade you are trading on the price changes of the digital coin, and not physically purchasing it.
- The maximum accumulated position size for Bitcoin is 100 BTCUSD (10 LOTS).
- The maximum accumulated position size for Bitcoin Cash is 100 BCHUSD (10 LOTS).
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.
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