Brokers to trade Bitcoins are gaining in popularity, along with other trade currency pairs. The emergence of bitcoins Forex literally redefined the relationship of different currencies among themselves. Bitcoin – an electronic cryptocurrency, which is characterized by its decentralization, with respect to transmission, storage and receiving the money. Shorten bitcoin referred to as BTC and Forex trading against other currencies: the US dollar (BTC / USD) or Euros (BTC / EUR).
Trade Bitcoin has the following advantages:
– Bitcoins are not dependent on market factors affecting the centralized payment system and common currency;
– Forex trading Bitcoin does not stop even at the weekend, which provides new opportunities for traders;
– BTC / USD is an independent trading instrument, which is subject to its fundamental and technical factors;
– Due to its high liquidity and volatility of the Bitcoin is a good tool for investment;
– If you keep money in Bitcoin, or use them in other areas, you will be convenient to open an account on Forex and make all payments in this currency.
Some brokers to trade bitcoin not only provide trading tools BTC / USD and BTC / EUR, but also accept bitcoins as a method to replenish the deposit or withdrawal.