 Show Posts
|
|
Pages: [1] 2 »
|
|
No one can say that. But the growing popularity of bitcoin certainly tells us that the value of bitcoin will rise much more.
|
|
|
|
|
Yeah, I love playing poker in my free time.
|
|
|
|
In my opinion Brokers will only take your money with the lure of profit offers. However, when one really wants to enter the world of trading, be it on Forex or any other exchange, they just need to learn the basics first in analyzing all trading strategies. instead of paying the broker you will only be charged 2x. That is even if it comes back with funds safe. No trading advice but control over you. Especially with Bitcoin, it's enough for you to hold it.
It’s a personal choice. Both hodling and trading can be risky as well as profitable. |
|
|
|
You can add one more to the list, XM.COM since 2009.
Great option! Thank you for sharing it here. |
|
|
|
It's always good to have brokers and that what i see in some traders in the internet, i mean for them its worth.. but seems expensive especially if you're not good enough in trading, wherein how can you pay brokers every month if you don't have a stable win rates for every trades. Lol probably next time once all is fine for me. Indeed you can trade crypto without brokers..
Trading cryptos through brokers is cheaper because the trading costs are lower. However if you are not good at trading you are going to lose whether you are trading through a broker or an exchange. |
|
|
|
Cryptocurrency is best traded on exchange. My issues with forex brokers is their charge during withdrawals along side the limited options available which is only been able to trade your coin before you make a profit but using exchange you can easily switch between trading, holding, staking or even farming. For me brokers are best for fiat currency pairs, metals , stocks I just feel crypto trading should be left to exchanges
I don’t see limited options as a problem because all these brokers offer popular pairs and I don’t think anyone would like to withdraw their profits in lesser known cryptocurrencies. Also, these are just funding methods, you can trade forex, commodities and indices as well with them. |
|
|
|
I will suggest you give us review of those platforms you listed or link for interested people to research on them for trust sake. It is not just to list brokers accepting bitcoin deposit but how trustworthy are they in every aspect of trading plus manipulation or withdrawal. It is a sensitive post that you have made and I hope newbies won't start patronising them but won't be able to withdraw profit. Trading is about our capital involved and we have to be careful whose custody we keep it. Accepting bitcoin is not just what matters as far brokers is the issue.
I really appreciate your concern and I know how hard it can be when you can’t withdraw your profits. You not only lose money but your precious time and efforts also. All these brokers that I’ve mentioned are low deposit brokers and offer micro lots. In case of any doubt, one can test them by withdrawing small profits initially. If you find anything fishy you can always step back. |
|
|
|
No don’t use any of those brokers. You will never see your money ever again. They are known as bucket shop brokers and they don’t trade on the open markets. When you open a trade you are trading against them, and only way you make money is if they lose money. And they will use every excuse in their terms not to pay out.
Use a real broker like Binance or FTX. You are trading against other traders there and the exchange doesn’t care if you win or lose. They only get paid with their commissions.
Do you have experience with any of these brokers? They all are non dealing desk brokers which are considered best for the fact that they don’t manipulate your trades or don’t take counter position. Furthermore, they also charge their fees in spreads and commissions just like Binance and FTX. |
|
|
|
It's good to have forex trading platforms allow their subscribers opportunity of funding their accounts through cryptos. Invariably, what that means is that these platforms will also have crypto pairs they trade. It's an innovation to capture traders' interest and make trading easy too. However, one has to be careful of trading platforms one chooses because we've seen cases where rogue platforms make it impossible for traders to withdraw their profits. It's real sad that at the end of toiling one doesn't get to reap the sweat of one's engagements. Did you prone those platforms you listed there or you just picked them at random? Can they be trusted?
BTW, Binary.com (Now Deriv) also allows for crypto funding for those who trade indices like V75 etc.
Thank you for your contribution. I’ve been using FinproTrading for a while now and have used Tradersway also. With both these brokers I never faced issues in withdrawals. For other brokers, I looked into different forums to check customer’s reviews and also read the broker's policies carefully. |
|
|
|
If time travelling were real, then maybe you would have been a billionaire by now  |
|
|
|
|
The growing popularity of cryptocurrencies has drawn the interest of many forex brokers who are looking to expand their customer base. In order to attract new customers, many brokers are trying to come up with better offerings and have started accepting cryptocurrencies as the payment method. Funding your trading account with cryptocurrencies can make the process quick, secure and convenient. However there are still many brokers who are providing the same old methods of deposit and withdrawal. Here is a list of some reliable forex brokers who lets you fund your forex trading account in bitcoin:
1. Coinexx
Funding cryptocurrencies: Coinexx accepts deposits in more than 25 cryptocurrencies including Bitcoin, Litecoin, Ethereum.
Minimum deposit amount: 0.001 BTC
Spreads: Starting from 0.0pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 5X
Deposit fees: No
2. Cedarfx
Funding cryptocurrency: Bitcoin
Minimum deposit amount: $10 for bitcoin deposit, $50 for other methods
Spreads: Starting from 0.4 pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 100X
Deposit fees: No
3. Tradersway
Funding cryptocurrency: Bitcoin, Ether, Litecoin, Ripple, Tether, USDC, TUSD
Minimum deposit amount: $10
Spreads: Starting from 0.0pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 20X
Deposit fees: Yes
4. EagleFx
Funding cryptocurrency: Bitcoin
Minimum deposit amount: $10
Spreads: Starting from 0.21 pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 100X
Deposit fees: No
5. FinproTrading
Funding cryptocurrency: Bitcoin. Litecoin, Ethereum and 18 more cryptocurrencies
Minimum deposit amount:$5
Spreads: Starting from 0.0pips
Leverage on forex pairs: 5X
Leverage on crypto pairs: 500X
Deposit fees: No
Do you know any other brokers who accept crypto deposits? If yes, feel free to comment down below and help other traders by making their research narrow.
|
|
|
|
|
Personally, I wouldn’t leave my job to trade in crypto, especially if I am new to the market. Borrowing money to trade in cryptocurrencies is also not a wise move. The market can’t be trusted. You could be in debt. Whether you trade in crypto or any other market, have a steady source of income to support you and invest. Otherwise, it can take a bad toll on your health and financial state.
|
|
|
|
|
Hodling is a simple and effective money-making approach for people who are new to the market. However, it can also be risky if you fail to invest in the right coin. Being a volatile market, crypto rises and falls instantly, leaving everything at risk. Therefore, you need to be mentally and financially prepared for it.
|
|
|
|
|
Bitcoin has dominated the crypto market for so many years. It is the oldest and trustworthy crypto and has already established a strong position in the market. So, it will be hard for any other crypto to take the position of Bitcoin in the coming future. Though many of them have the potential like Ethereum, I believe it will take a lot of time. Until then, enjoy Bitcoin's reign as King!
|
|
|
|
|
Trading can be more profitable in terms of quick returns if your strategy is good and you have studied the market well. Investing, on the other hand, is slow.
|
|
|
|
|
No, it’s not late to buy Bitcoin because it has a lot of potential and is one of the finest cryptocurrencies. However, the future is hard to predict, but it has a few more surprises to show us I’m sure.
|
|
|
|
|
Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.
|
|
|
|
|
Stop loss is necessary to prevent losses while you do trading. But once you HODL, you don’t really need to set up a stop loss because you are watching the coin.
|
|
|
|
|
As a trader, we should rely on our strategies because the market is volatile and bots are incapable of making informed decisions.
Copy trading can be helpful and risky. Since you rely on an individual for your trades, there are both risks and profits. It is important to run a background check on a master trader and do not copy from a single trader.
|
|
|
|
|
Welcome to the forum:)
There is no way you can accurately predict how the market will turn out. However, you can get an idea where it could be going. For that, you need to understand analysis, both fundamental and technical, like @upgrade00 explained.
|
|
|
|
|
