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3 Advantages of Bitcoin Trading

A bitcoin exchange is a digital marketplace where the traders can buy and sell bitcoins. Below we describe the 3 Main Advantages of Bitcoin Trading.

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3 Advantages of Bitcoin Trading

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  1. 3 Advantages of Bitcoin Trading

  2. Index • Bitcoins Exchange • 3 Advantages of Bitcoin Trading

  3. Bitcoins Exchange • A bitcoin exchange is a digital marketplace where the traders can buy and sell bitcoins using the different fiat currencies or altcoins. • A Bitcoin currency exchange is an online platform that acts as an intermediary between buyers and sellers of the cryptocurrency.

  4. For Bitcoin trading purposes, Bitcoin is superior to other instruments, such as commodities, stocks or Forex, for at least 3 reasons.

  5. 1. Bitcoin’s Exceptional Volatility allows for the High Percentage Profits Without Leveraging • Large price moves, the average trader’s bread and butter, are far more common in the Bitcoin than almost any other instrument. • Therefore, Bitcoin traders may eschew the increased risk and expense of the leverage strategies designed to extract high profits from small moves.

  6. 2. Bitcoin Trades Non-Stop for 24 Hours a Day, 7 days a Week • By contrast commodities and stocks only trade during business hours, and Forex Markets shut over the weekend. • Trade in Bitcoin remains active around the clock as the volume is distributed primarily across American, European and Asian sessions.

  7. 3. Bitcoin is Probably the Cheapest, Quickest and Most Convenient Instrument to Trade • The Bitcoin exchange fees are minimal compared to traditional exchanges, and Bitcoin deposits or withdrawals are accomplished within the hours from anywhere in the world. • Less stringent requirements for the personal information are the norm for Bitcoin exchanges, mainly if deposits and withdrawals are handled exclusively in Bitcoin.

  8. Thank You

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