In the space of just a few years, cryptocurrencies have gained official recognition as legal tender and become established as trading instruments, setting new price records in the process. Now, you have the opportunity to profit from this!
On the 3rd of July, 2017, Alpari made two new instruments (bitcoin CFDs) available for trading on all ECN accounts:
Bitcoin’s market cap has already surpassed 41 billion USD, which is higher than that of several countries across Europe, Central America and Africa. There are currently about 16.4 million bitcoins in circulation and only 21 million will ever be produced in total. Every year, the process of generating bitcoins (mining) gets more and more difficult. This is because the algorithm involved makes the process more complicated and time-consuming. This could eventually lead to a deficit of bitcoins, meaning a further increase in its value.
As such, now is the perfect time to enter the market and start trading on these instruments!
In order to start trading bitcoin, open an ECN account, or top up an already-existing one.
You can find out about the trading conditions on our “Contract specifications”.