How to Trade Crypto-currency: Bitcoin and Ethereum CFDs in the Forex market
What is crypto-currency?
Curiously, the first crypto-currency, Bitcoin, did not start as the first revolutionary of currency trading, it actually started as a technology in order to prevent regular electronic cash from sending the same amount twice to two different people.
To prevent that, the process of validating transactions, through a system - called the Blockchain, which was called Mining, because those who checked it would get Bitcoin as a reward for validating traditional electronic transactions. These coins get their own value and now they are included in the trading system.
What you need to know about cryptocurrency trading
There is no need for expert knowledge to trade crypto-currency, and even it is not very different from trading in Forex, Commodity or other markets. Although its abnormal nature, Crypto is like any other market that gets and reads and is particularly affected by external factors in ways that make you a significant profit.
You can easily trade crypto with OctaFX, because you can trade Bitcoin, Ethereum and Litecoin in MetaTrader 4 and 5, with Forex and Commodity. You do not have to guess, whether to invest in crypto-currency and predict what to do, and our free trading signals will give you detailed analysis and some of the best crypto price predictions in the market.
Cryptocurrency trading is easier than you think, and OctaFX offers several tools that will help you get the benefit of the crypto-currency reality
If you have any interest in trading or investment, then it can not deny that Cryptocurrency trading is the most popular investment approach in the current market. The crypto-currency, such as Bitcoin, Ethereum, Litecoin, and perhaps other investors have been interested in the possibility that there can be significant profits from them and a whole new perspective about the currency and how it works.
So that you can start trading with crypto-currency, with OctaFX, you have to follow these steps:
Step 1 - Account creation and verification
Sign-up for an OctaFX account and confirm your email address. The process of creating our account for Cryptocurrency trading gives utmost importance to the authorized access to the account, and the fact that Cryptocurrency trading after processing money is being processed.
Step 3 - Your First Saving's
Once your email and contact is verified (due to unauthorized access restrictions) you can deposit money in your trading account. Remember, if you deposit the money, you will get 50% deposit bonus so that you can trade in more quantity.
Step 4 - Download Crypto Trading System
Download the appropriate desktop or mobile MetaTrader app, and you can sign in with the trading account number found after registration at step 1 and 2.
Step 5 - Add the crypto-currency to the resource list
To start trading in the MetaTrader system with crypto-currency, you will need to add them to the list of assets. You can do it in two ways:
Or click on the Metatrader Mobile App + Choose "crypto-currency", then choose the currencies you want to trade on
In the Metatrader Desktop app, right-click on Market Watch (see Market) and select "Show All"
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