The Basics of Bitcoin Trading

What is bitcoin?

Bitcoin is a digital currency that was established in 2009 by an enigmatic individual or group known as Satoshi Nakamoto. It serves as a decentralized form of money, functioning as a store of value, a unit of account, and an investment asset. If you're interested in long-term investment or trading bitcoin through CFDs derivatives, Immediate Connect is the ideal platform to help you achieve success in this endeavor.

Do I need a wallet to trade bitcoin?

While a wallet is necessary when purchasing bitcoin using traditional methods, it is not required for fast-paced trading. Instead, specialized platforms like MT4 and MT5, provided by the underlying broker, facilitate trading. To access these platforms and utilize all the tools offered by Immediate Connect, signing up with a specialized broker is essential.

Why trade bitcoin?

Out of the thousands of cryptocurrencies available, none has achieved the level of popularity that bitcoin enjoys. Since its inception in 2009, bitcoin has experienced exponential growth and numerous price fluctuations, with daily swings worth thousands of dollars.

Traders may question the worthiness of engaging in bitcoin trading, which is why it's important to highlight some of the benefits associated with it.

High volatility

The considerable volatility of bitcoin presents exceptional trading opportunities. Leading CFDs brokers enable traders to execute multiple trades simultaneously, and when it comes to fast-paced volatility trading, Immediate Connect is the go-to platform. We specialize in trading the finest bitcoin CFDs available on the market.

Many celebrities have endorsed bitcoin

Bitcoin has garnered praise from notable personalities worldwide. Celebrity endorsements have propelled its value to new heights, with positive tweets from individuals like Elon Musk having a significant impact on its price.