easyMarkets Now Offering Trading, Deposit and Withdrawals in Bitcoin
Tortola, British Virgin Islands, 13th June, 2021,
easyMarkets, the multi award winning CFD broker from Cyprus has launched a Bitcoin account. That means that its clients can now trade any of its 200+ assets using Bitcoin deposits. On top of that the μBTC account allows traders to trade any of its assets, including crypto and then to withdraw their funds in Bitcoin. This means that clients no longer need to have a Bitcoin wallet or to work through an exchange.
Opening an account with a broker like easyMarkets is much easier and smoother than opening an account with a crypto exchange. This brings the significant advantage over the majority of exchanges and wallets, and that is that it is regulated. easyMarkets is regulated and authorized by both ASIC in Australia and CySEC in Cyprus, two of the most stringent regulators globally. Not only does this require easyMarkets to be well capitalized, but it also means that traders are protected in Europe under its investor compensation scheme. easyMarkets also offers negative balance protection to its clients, which means they can never go into minus. And unlike the majority of crypto exchanges, easyMarkets has a long track record in the online trading market and offers dedicated customer support in a variety of languages. Exchanges on the other hand can be notorious for not having anyone to talk to.
Training, Education and Market Moving News
In addition, clients of easyMarkets can take advantage of the other resources they offer traders. These useful benefits include market analysis, to understand what the markets are currently doing, video courses that walk traders through from the basics and include all the fundamental knowledge a trader needs to have, including how to manage risk, and how to use indicators to identify market trends and potential reversals.
Traders can use both easyMarkets proprietary platform and the MetaTrader 4 for desktop and web, which is the most popular trading platform in the retail industry. As easyMarkets accepts Bitcoin for trading CFDs, clients can trade in both rising and falling markets across a wide selection of asset classes including Forex, Commodities, Indices, popular global Stocks and of course Cryptocurrencies. CFD trading means that clients are not purchasing the underlying asset, such as oil, but rather speculating on the price movements, which means that they don’t need to take personal receipt of the physical asset.