CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bitcoin

Definition of Bitcoin

What is Bitcoin?

Bitcoin is the world’s largest cryptocurrency and digital payment system. It operates using blockchain technology, which is a public ledger recording all transactions. While Bitcoin is completely unregulated, which might make some investors think twice, it has also proven to be extremely secure, as no hackers have succeeded in compromising the blockchain technology.

How does one use Bitcoin?

Using a hashing algorithm, “miners” can discover bitcoins, although there is a limited number (21 million) Bitcoins that will ever be mineable. Of the bitcoins already on the market and in circulation, they can be traded like any other asset, and many forex brokers – including Fortrade.com (depending on regulation) – do enable traders to trade Bitcoin CFDs on their platforms.

Links related to Bitcoin
Cryptocurrency (Digital Currency)
Exotic Currency Pairs (Exotics)

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