Q. Is it possible to trade forex with bitcoin?
Anonymous

Anonymous


Is it possible to trade forex with bitcoin?


bitcoin btc
4

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Jul, 2019

Bitcoin
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  • morganlee

    CryptoInvestment https://nomemecoin.com/ . Stay informed about newcrypto opportunities, staying ahead in the ever-evolving market.


       

    answered by

      0.29 q
  • teres

    Overall, the article serves as a helpful guide for South Africans https://theforexgeek.com/risk-manage... who are interested in starting their forex trading journey. It provides a solid foundation by emphasizing education, regulation, and risk management, which are essential factors for long-term success in trading.


       

    answered by

      1.28 q
  • denis69

    Sure, you can trade forex with bitcoin as there are several online forex brokers that accept bitcoin as a payment method. However, it’s important to note that trading forex with bitcoin can be risky due to the volatility of the cryptocurrency market. It’s recommended to have a solid understanding of both forex and bitcoin before attempting to trade with them. As for the comment on https://brokstock.co.za/markets/jse-..., it seems to be a website for trading JSE shares in South Africa. It’s always important to do thorough research and choose a reputable broker before investing in any market.


       

    answered by

      2.43 q
  • paulos

    It is a relatively new concept, but yes, it is possible.
    .
    Typically accessing traditional investment markets, in forex, stocks, commodities, etc. is a fairly rigorous process via standard brokers. However, due to the fact that Bitcoin is decentralized and is not regulated, it is significantly easier to participate in these renowned asset classes while maintaining anonymity via a bitcoin-based broker
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    Today, there are a decent number of forex exchanges that also feature some of the major crypto markets, but there are very few crypto exchanges that offer access to forex. Currently, PrimeXBT is easily the best trading platform to provide this opportunity.
    .
    By featuring the world’s most popular traditional and digital assets in one place, in addition to the highest leverage across all assets, PrimeXBT an ideal trading platform for effective portfolio diversification and utilizing advanced strategies, like hedging, margin, and shorting, etc.
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    The asset and leverage options for trading are:
    .
    Forex with up to 1,000x leverage - AUD/CAD, AUD/CHF, AUD/JPY, AUD/USD, EUR/USD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/AUD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/USD, USD/CAD, USD/CHF, and USD/JPY.
    .
    Commodities with up to 500x leverage - Silver (XAG/USD), Gold (XAU/USD), & CRUDE (oil).
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    Stock indices CFDs with up to 100x leverage - GER30, SP500, NASDAQ, HK-HSI, AUS200, JAPAN, NAT.GAS, and UK100.
    .
    Cryptocurrency with up to 100x leverage - BTC/USD, ETH/USD, LTC/USD, EOS/USD, and XRP/USD.
    .
    There is no KYC to open an account and deposits can be made directly with BTC (at no fee) or via 130+ altcoins or debit/credit card via an inbuilt Changelly conversion feature.


       

    answered by

      6.75 q

Asked in Category

Bitcoin

One among the 700 other, is the bitcoin, which was the first ever of its type. Bitcoin is a form of cryptocurrency that is not regulated by the government. Cryptocurrency is a market that is nearly a decade old and in its early stage. There can be many benefits of using a cryptocurrency but along with that comes the risk involved, that one must not forget to consider. It is believed, "like the internet, bitcoin will change the way people interact and do business around the world".

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