When you trade bitcoin, you never interact directly with an exchange. Instead, you trade on our buy and sell prices, which we source from a number of exchanges on your behalf. In order to take a position on bitcoin’s price, then, all you need is an IG trading account. 60 rows · IG Offer 11 cryptocurrencies, with tight spreads. Trade crypto with the safeguard of negative . Bitcoin trading is how you can speculate on movements in the cryptocurrency’s price.
Ig bitcoin tradingHow to Trade Bitcoin: Learn About Bitcoin Trading
Call or email newaccounts. Contact us: With IG, you can take a position on the price of bitcoin with financial derivatives like spread bets and CFDs. Trend trading means taking a position which matches the current trend. Hedging bitcoin means mitigating your exposure to risk by taking an opposing position to one you already have open. For example, if you owned some bitcoins but were concerned about a short-term drop in their value, you could open a short position on bitcoin with CFDs or spread bets.
If the market price of bitcoin falls, the gains on your short position would offset some or all of the losses on the coins you own. If your research or trading plan indicates that you should sell your positions to take profit or limit loss, you should — or you could set stop losses to close your positions automatically.
Here are other benefits of trading bitcoin derivatives with us:. Buying bitcoin through an exchange is mainly for those who use a buy-and-hold bitcoin strategy. 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. Have you tried it, or do you use a different one? The regular mobile platform is almost identical in features to the website, so it's an easy transition. Although the cryptocurrency market is much less ig bitcoin trading South Africa mature than other financial markets, the digital nature of the market has meant that despite the fact that it has had significantly less time to integrate algorithmic trading, the technology has not been slow in catching up on its rivals in terms of providing a trading bot service, allowing for investors to obtain access to a wide range of trading strategies, some of the most popular of which are considered below:.
New videos are only released about once a month, but they are consistently some of the most insightful and in-depth crypto trading guides on the web.
Both Keystone and Nadex offer strong binary options trading platforms, as does MT4. Many of the online brokers we evaluated provided us with in-person demonstrations of its platforms at our offices. Back to Top. Chinese Indonesians. Why Human Translation still reign supreme For now. Lingua Technologies International Pte Ltd. Breaking News. Our Location. All Rights Reserved. Contact Us. Clear editor. Upload or insert images from URL. Post topic on Community.
Education on Academy. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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.
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