HOW TO TRADE BITCOIN (BTC) CFDS?

Bitcoin is basically a digitalized currency, well-known as a crypto-currency. Bitcoin is the first ever crypto-currency launched in the world and as it introduced people with a unique concept, its popularity and users are increasing day by day. Now, It is legal to trade Bitcoin in UK. Traders use it as the ideal underlying asset in CFD trades. With the help of the platforms, PCM advisory and MetaTrader 4; introduced by PCM, it is possible to trade this volatile currency against the greenback, anytime you want. Bitcoin has attained a valuable place among currency traders and due to its elastic nature; it proves to be perfect for CFD trading.

Why PCM for Bitcoin trades?

• Up to 20:1 advantage is provided with Bitcoin CFD trades.
• Only a small investment of £100/$100/€100 is enough to start trading BTC.
• Full time customer assistance is provided in the language you choose.
• PCM is 100% regulated to avail you with a flawless trading experience.
• The BTC market remains open for the traders 24/5.
• 1-click functionality offers you to buy/sell BTC via PCM using MT4 platform.

How Bitcoin Became So Popular?

Bitcoin was the first digital currency to be created. It is also the most respected, capitalized and traded currency in the world. Bitcoin trading in the United Kingdom is growing rapidly and a big reason for this is the volatility of this crypto-currency. Currency trading allows for maximum yield when it is volatile – lots of ups and downs. This is precisely the reason UK traders enjoy trading Bitcoin. Plenty of profitable opportunities are available when markets are volatile and BTC ranks highly with currency traders.

Bitcoin’s Rise to Prominence

Around 2008, Satoshi Nakamoto founded Bitcoin. At the time a paper was published through the Cryptography Mailing List. The first Bitcoin software client was released in 2009, and he collaborated with many other developers on the open-source team, careful never to reveal his identity. By 2011, the enigmatic Bitcoin founder had disappeared. His peers understood how valuable this crypto-currency was, and worked feverishly to develop it to its maximum potential.

What Are the Inherent Advantages of Trading BTC?

Bitcoin or BTC is one of the most innovative digital inventions of modern times. It has value because people give it value, not because it is backed by gold bullion or central banks. It is highly attractive and appealing, since it acts as an anonymous, inexpensive, and easy to transfer digital currency. This makes it volatile, and an excellent choice for a financial trading portfolio. Among the many benefits of trading BTC at PCM are the following:

UK traders get to enjoy high leverage of up to 20:1
BTC is not bound by borders, and now traders in Wales, Ireland, England, and Scotland and beyond can easily trade BTC
There are zero commissions on BTC trading and no bank fees levied on transactions, making it a far more profitable undertaking
PCM UK drives the cost of trading BTC as low as possible, to attract new traders from across Britain
You can deposit as little as £100/$100/€100 at PCM to begin trading BTC.

Volatility of Bitcoin

The media plays a big part in the volatility of Bitcoin. Whenever breaking story surfaces, BTC 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 Britons are turning to BTC trading more than ever before, that is why this crypto-currency is inherently valuable. It is a high demand financial trading instrument, despite no association with governments or central banks.

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