Nov 09, · Bitcoin Trader is a cryptocurrency trading software aimed at helping investors who have never traded before to make profits in the cryptocurrency market. The trading software functions with intelligent technology backed by artificial Intelligence to use market data and trends for profitable trades. Is Bitcoin Trader Legit? Jul 29, · For non-US traders, Bitcoin Trader is a fantastic bitcoin auto-trading platform, with an award-winning software that trades Bitcoin on your behalf at an alleged success rate of 90%. Our. The local Bitcoin partner you can trust. We have been helping Britain buy Bitcoin since Our worldwide network includes bitmoneylab.de, bitmoneylab.de and more.
Bitcoin trade ukHow to Trade Bitcoin: Learn About Bitcoin Trading | IG UK
As well as trading bitcoin derivatives or buying coins directly from an exchange, you can invest in bitcoin exchange traded funds ETFs , which closely track or mirror the underlying market price of bitcoin.
Trading financial derivatives makes it possible to go both long or short, depending on the current market sentiment. Stops and limits are crucial risk management tools — and you have several to choose from when you trade with us:. These tools are all available to select via the deal ticket on our trading platform. Indicators can also help you monitor current market conditions like volatility levels or market sentiment.
You can close your position whenever you like to take a profit, or to cut a loss that has reached a level that makes you uncomfortable. Your profits will be paid directly into your trading account, while your losses will be deducted from your account balance. You certainly can profit from bitcoin trading, and your ability to achieve a profit will depend on the depth of your market analysis, your market knowledge and the underlying market conditions.
These will enable you to go long and speculate on the price rising, as well as short and speculate on the price falling. The accuracy of your prediction and the size of the market movement will determine your profit or loss. Trading bitcoin can be risky due to volatility in the market. These include in-platform stops and limits, and the educational resources available on IG Academy — so you can take control of your trading.
We are also an FCA-authorised and regulated company, so any capital in your account is held separately to our company funds — which means that even if we go bust, your money is protected.
Although cryptocurrency is a 24 hour a day, seven day a week market, some hours will see increased volatility and liquidity. For example, 12pm UK time can see some increased volatility as both the UK and US markets are getting into their stride for the day.
Our market hours for bitcoin are from 8am Saturday until 10pm Friday UK time. Tax law may differ in a jurisdiction other than the UK. New client: or newaccounts. Marketing partnerships: marketingpartnership ig. Professional clients can lose more than they deposit. All trading involves risk. Past performance is no guarantee of future results. The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Careers Marketing partnership. Inbox Community Academy Help. Log in Create live account. XTB Brokers. Omar Arnaout. Jonathan Hufford. Plus City Index. ETX Capital. The world's most famous crypto-currency is an obvious target for investors and traders due to its history of rapid gains and falls in value.
This volatility makes it both very risky and potentially very lucrative as an investment. The most obvious way to invest in Bitcoin is simply to buy Bitcoins. However, buying Bitcoins limits the investor to betting on an increase in the currency's value. If you believe that it will decrease in value and you would like to bet on this happening, then you'll need to acquire a contract for difference CFD or place a spread bet.
These two approaches are fairly similar in operation. If the value moves in the opposite direction then you will pay the issuer of the contract the difference multiplied by your stake. Spread bets are similar except that you are placing a bet with a bookmaker. If you are buying Bitcoins then you will require a Bitcoin address. This is a code to which the Bitcoins that you buy will be allocated.
You can acquire an address by downloading a Bitcoin client to your computer or setting up an online wallet. Once you have your address you can purchase Bitcoins via an online exchange. If you are taking out a CFD or placing a spread bet then you'll need to do so via a broker that offers these services. This will require you to open an account and deposit money. Many traditional foreign exchange brokers now offer the option to trade in Bitcoin.
They also generally offer the option of leverage, which is betting using money loaned by the broker. When using CFDs or placing spread bets it is possible to lose more than your initial stake. This will be amplified if you use leverage. Don't risk more money than you can afford to lose when you take a position. Placing stop loss orders which automatically close down your position when Bitcoin hits a particular value are an essential way to limit the risk that you face. Make sure that you're not being overcharged and that the trading platform on offer is to your liking.
As with any investment, the more you know about factors that will impact the price of Bitcoin, the more likely you are to profit. Say that a spread betting company is offering a bid price of 4, and and ask price of 4, I'm a big believer that traders should have access to markets they want to trade. However, this market needs to be regulated. After all, people want to trade and they should be provided with a safe, secure and regulated environment to do it in.
Anyway, if you are want to take on the massive risk of trading Crypto CFDs you can compare bitcoin CFD brokers here , but if you just want to know who has the tightest Bitcoin CFD spreads here is a quick comparison below:.
Read our ETX Capital review here. Read our Plus review here. Read our eToro Review here. To decide which broker is best for you check out all of our broker reviews. The answer is, of course, yes and no. You can make money trading Bitcoin, if you buy low and sell high. Or, if you're a bear, sell high, buy low. The majority of people who trade highly volatile products like Forex tend to lose money. In fact, the recent regulatory changes have forced forex brokers to publicise the percentage of the clients that make money trading.
But just because most people lose money trading, it doesn't mean you will. But you probably will, especially if you are trying to make money trading Bitcoin, because unlike Forex trading , index trading or investing in the stock market , where the markets have fundamental value and are swayed by economic events, crypto trading is driven entirely by sentiment. There is no proof that these rumours are accurate.
There has also been no endorsement of Bitcoin Trade by any celebrities, even though many have expressed an interest in understanding the Cryptocurrency market. Dragons Den is a famous british show where aspiring business people are given 3 minutes to pitch their business idea to a panel of successful business people in the hope of getting investment to launch and take their business idea to the next phase.
Any product associated with this show would gain overnight success. We have not found any link between Bitcoin Trader and Dragons Den. Shark Tank is an american investment show similar to Dragons Den. Entrepreneurs a given a few minutes to pitch their idea to a panel of millionaires in the hopes that these millionaires will invest money in their idea. If Bitcoin Trader had the support of Shark Tank then its safe to say that it would be all over the news, however it is highly unlikely as Bitcoin Trader is not licensed in the states.
This Morning is a popular daytime television show on iTV, the British programme has been running since The show is a mix of celebrity interviews, show business news, topical discussion, competitions, health and other general topics. If Bitcoin Trader were to be featured on this show, millions of people in the UK would get exposure to Bitcoin and Bitcoin Trader, social media and news sites would also be flooded with news, questions and hashtags about Bitcoin Trader.
There have been claims that Bitcoin Trader has been endorsed by international celebrities. We decided to investigate these claims by researching all the celebrities claimed to be supporting Bitcoin Trader. Below is a list of celebrities that we researched:. Gordon Ramsay is one of the most famous chefs in the world. The Multi-Michelin starred British chef, restaurateur, writer and television personality has a huge brand so his endorsement would give any product credibility.
We scoured the net and YouTube to find out if he has endorsed Bitcoin Trader unfortunately we did not find anything. So the rumours are false.
We looked for incidence that Peter Jones has endorsed Bitcoin Trader, however we did not find anything. Elon Musk is the eccentric billionaire with three nationalities, South African, Canadian and American. He is the man behind Tesla and SpaceX. Tweets from Elon Musk affect the stock market, if he were to endorse Bitcoin Trader it would be all over the news and the Bitcoin Trader website would crash.
We searched the internet for any valid evidence that Elon Musk endorsed Bitcoin Trader, again we were unable to verify those claims. There have been rumours that Trevor Noah uses Bitcoin Trader due to ads circulating around the internet about Trevor getting rich because of Bitcoin. It is public knowledge that Trevor Noahs source of wealth is his contract with The daily show and his comedy tours.
Whether Trevor Noah invests in bitcoin or not is not public knowledge. It cannot be confirmed that he uses Bitcoin Trader. Kate Winslet is a famous British actress known for her work on Titanic and period dramas. There has been a rise of searches from people wondering if Kate Winslet supports any advanced cryptocurrency trading platform. We have investigated and found no evidence of Kate Winslet endorsing any trading platform.
Like the other celebrities on this list there have been claims that she supports advanced crypto trading application but there is no evidence to support this. Idris Elba is an English actor, DJ, producer, rapper and songwriter. We tried to find evidence of Idris supporting Bitcoin Trader, unfortunately for now this claims cannot be confirmed. He is rumoured to be an investor behind Bitcoin Trader in many online marketing campaigns however we found not evidence of this.
It is click bait used in affiliate campaigns to go viral. Nicole Kidman is a famous award-winning Hollywood actress and producer. There are rumours circulating the internet that she is invested in bitcoin and Bitcoin Trader.
We found no evidence of her endorsing or investing in Bitcoin Trader. Investing in bitcoin is one way to diversify ones income streams, she may very well have bitcoin investment but her investments are not public knowledge. As far as we can tell her source of wealth is the film industry where she has been one of the highest paid actresses in , and There have been rumours circulating associating Andrew Forrest with Bitcoin Trader but those rumours seem to be false, the man has made his money in traditional business.
Whether he has some money invested in bitcoin or not remains a mystery. We have found no proof that these claims are true and for now, these claims of celebrity endorsement should be ruled out as speculation.
However its important to note that The Bitcoin Trader platform is a legitimate advanced crypto trading system and cannot be associated with the claims made by marketers to get more ad clicks. Bitcoin is gaining the attention of everyone from everyday people to millionaire business people and celebrities.
Even though some celebrities are not openly endorsing cryptocurrencies, we have rounded up a list of famous people who have made statements with regards to bitcoin and cryptocurrencies.
I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets. I own Bitcoins. I am a big fan of Bitcoin. It has all the signs. Just like microcomputers. It will be everywhere and the world will have to readjust. World governments will have to readjust. There would be a hacker uproar to anyone who attempted to take credit for the patent of cryptocurrency.
Gox, it is the willingness of a new generation of Bitcoin companies to work together to ensure the future of Bitcoin and the security of customer funds. I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail.
I think it offers possibilities that no other currency allows. Bitcoin is merely the first mainstream manifestation of its potential. Starting a new currency is easy, anyone can do it. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.
In the end, currency will be better for it. ZERO fee trading! Roseanne Barr — One of the earliest supporters of Bitcoin. Iin , she tweeted:. Bitcoin unites my fans around the world using one currency. They can just pay using bitcoins. Just tried to buy breakfast w bitcoins. Floyd Mayweather Jr. This depends on how much money the user invests and keeps reinvesting. Earning a significant amount of money on this trading platform is a possibility.