The interest in Bitcoin has increased over the years and you’ve probably heard of this highly popular cryptocurrency in the news at least once in your life.
And most likely, this includes success stories of people making great profits from trading this altcoin.
So have you ever wondered…
Is it too late for you to join the Bitcoin bandwagon?
If you want to explore your the trading opportunities from this cryptocurrency, read on!
So do you want to trade Bitcoin but don’t know where to start?
If you want to explore the simpler way then you better trade this cryptocurrency via a contract for difference or CFD with a fully regulated and trusted provider like Plus500.
For more information about this broker, you may read our detailed review here.
A quick 101 on CFDs:
A contract for difference is a form of derivative wherein you and a broker are setting an agreement (the operative word is contract).
Via this contract, you agree to exchange the difference between the current price of an asset (Bitcoin) and its price during the time that this contract was created.
When this contract is closed, its outcome can be one of the following:
Bitcoin CFD Trading with Plus500
Here’s the kicker:
There’s no need to have a digital wallet in order to trade Bitcoin CFDs with Plus500.
Compared to buying and selling BTC on a digital exchange, CFD service providers won’t require you to open an e-wallet since you are not actually owning the underlying asset.
You are basically speculating on Bitcoin’s future market movements which will be the basis if you are going to make a profit or a loss.
And in order to do that:
You can start trading with as little as $100 on your account and with the help of leverage, it will enable you to multiply your exposure to this financial instrument and other markets as well.
Best of all…
You will also have access to real-time quotes for free and set indicators so you can easily analyze the charts so you can make wiser investment decisions.
Advanced Platform and Risk Management Tools
Plus500 has a simple and intuitive platform complete with all the essential tools and resources that you can utilize straight from the main user interface for a seamless trading experience.
It’s also worth mentioning this:
You will be able lock in the potential profits and limit the possible losses by take advantage of their integrated risk management tools such as the Stop Loss, Stop Limit and Guaranteed Stop Loss.
When you use this correctly and carefully, these tools can protect you against losses and keep you in the game.
And that’s not all…
If you wish to diversify your portfolio, you can access over 2000 instruments without the need to switch to another brokerage or system.
Interested to Trade Bitcoin?
Ready to start investing in this cryptocurrency?
Perfect, because now is the right time!
And the best way to trade this popular altcoin is via a highly rated CFD provider like Plus500.
You may begin by clicking on the button below so we can take you straight to their Bitcoin trading page!
Let’s not forget:
Practice risk management at all times.