Trade Bitcoin

No need to sign up for a cryptocurrency exchange or a cryptocurrency wallet. Signing up for easyMarkets is simple and intuitive.

• Enter your email
• Create a password
• Fill in your account details
• Add the necessary information to complete your account
• Fund your account

Now you can trade Bitcoin against USD on easyMarkets Platform, App and MT4!

Another benefit of trading Bitcoin CFDs or BTC/USD, is that although you can trade the price, you are not obligated to own the actual asset. This means you can trade both upwards and downwards trends and take advantage of exclusive risk management and trading tools. Additionally this allows you to trade both directions of a trend without delay.

There is a significant difference between a BTC CFD and purchasing and selling Bitcoin on an exchange. First and most significantly for Bitcoin traders is the fact that a Bitcoin CFD allows you to trade both upwards and downwards price movements. With CFDs you can use tools such as dealCancellation that allows you to undo losing trades, or even trade without margin requirements or spreads with easyTrade.

This can help you manage risk more effectively than actually owning, keeping and trading cryptocurrency in a wallet or on an exchange.

easyMarkets offers you multiple ways to trade Bitcoin.

• On easyMarkets web platform or trading app
• Trade Cryptocurrencies on MT4

Each platform offers a unique set of features and benefits. easyMarkets native platform integrates unique trading tools and conditions:

• Day Trade. Although it seems like a simple market order, easyMarkets Day Trade ticket features dealCancellation that allows you to undo losing trades for up to 6 hours in exchange for a small fee. Freeze Rate allows you to pause live rates momentarily so you can open or close your trades. It also features guaranteed stop-loss and take-profit at no additional cost.
• easyTrade. An options-based ticket with multiple benefits including limited maximum exposure without limiting your trade’s profit horizon. It also allows for trading without margin requirements, zero spreads and ESMA compliant leverage.
• Pending Order. This trading ticket allows you to set a level at which your trade will open at as a day trade. This allows for a certain level of automation when trading Bitcoin.

easyMarkets also offers some of the tightest fixed spreads on cryptocurrencies in the industry.

easyMarkets minimum deposit amount is just $100, with easyTrade you can trade without margin requirements and spreads. easyTrade also puts a hard cap on your maximum exposure without placing any limit on your trade’s potential.

As with any type of trading this depends on a few things. These include your risk appetite, your level of experience and knowledge, and of course, your goals when trading. There’s an additional consideration here, though, Bitcoin’s movements can be significant compared to FIAT currencies and other instruments like precious metals or oil. Further compounding this effect is the fact that Bitcoin (and most cryptocurrencies) does not have a policy or macroeconomic events that affect them. A slight exception here is when cryptocurrency markets will react to rumors of regulation or actual policy changes regarding trading cryptocurrencies.

You should take the same measures to manage risk no matter what type or class of instrument you are trading. This is why all of easyMarkets account features free guaranteed stop-loss which protects your account against runaway losses when trading Bitcoin or other cryptocurrencies. Another feature that helps you manage your exposure when trading is guaranteed free take-profit, which protects you against unforeseen price reversals.

HODL is a term used by proverbial “crypto-bros” or a group of young Bitcoin (or crypto) speculators and traders – the origin of the term is contested, but most assume it’s a misspelling of Hold. It seems to have developed into a rallying cry for this group of crypto-traders to take long positions (or hold their positions) even when the value is in a downward trend – because they expect the price to skyrocket. Reinforcing Bitcoin’s status as the Millennials’ investment vehicle of choice, the internet is full of t-shirts, mugs and even mousepads emblazoned with HODL.

This is the halving of the reward paid to Bitcoin miners that usually happens every 210,000 or roughly every 4 years. This is Bitcoin’s virtual system of inflation – by halving the amount of new Bitcoin put into circulation in four-year increments.