Bitcoin day trading has seen a huge surge. With plenty of volatility and price movements, it’s an ideal day trading market with huge trading volume per day. This page will help you learn bitcoin trading, outline bitcoin strategies and tips, plus highlight why a day trader looking for profit should delve into the BTC world. The tumble caused by Bitcoin also dragged other cryptocurrencies’ prices to fall lower. The rout had began last Wednesday where Bitcoin was trading at US$6,386.73 at around 7.00pm UTC, before making a sudden plunge to US$6,268.78 at 2.00pm UTC the next day and shedding 13.78% in under 7 hours to US$5,574.30 at 9.00pm UTC on Thursday. Quick Note on Bitcoin Trading Costs. Trading costs, including any commissions and fees for trading cryptocurrencies like Bitcoin, can be substantial, reaching well over $1,000 per $1,000,000 worth of currency or more, compared to trading the same amount in fiat (non-digital) currencies in the foreign exchange (forex) market. Hi, IG don't trade bitcoin directly but rather the CFD derivative of bitcoin. The cost of trading bitcoin (the spread) is relatively high compared to other assets such as forex or indices, if you are just starting out and learning to trade you may be better off learning on one of the cheaper assets first. CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902).
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