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pa (OP)
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October 23, 2013, 03:18:23 PM |
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As far as I know there are no forex exchanges that exchange bitcoin for fiat. Why is that? Are there laws preventing them from trading bitcoin?
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ColdHardMetal
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October 23, 2013, 03:24:02 PM |
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The market isn't big enough to be worth their time yet.
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ColdHardMetal
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October 23, 2013, 03:29:19 PM |
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AvaTrade Now Becomes the Most Popular Bitcoin Trading Services Provider
Earlier this year, AvaTrade launched Bitcoin trading services for
traders and became one of the leading brokerage firms to provide the
services. AvaTrade, a pretty large brokerage firm, was welcomed by
traders from around the world as it was the first time that … They only offer CFDs. You aren't trading actual BTC. http://www.avatrade.com/trading-info/range-of-markets/bitcoin"Trade Bitcoins CFDs at up to 5:1 leverage" "Bitcoin market open 24 hours a day/5 days a week" - lol. I bet that makes for some messy Mondays if people forget to close their trades. |
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hulk
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October 23, 2013, 03:36:36 PM |
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As far as I know there are no forex exchanges that exchange bitcoin for fiat. Why is that? Are there laws preventing them from trading bitcoin?
People still sees Bitcoin as scam and drug. So only time will tell.. |
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conspirosphere.tk
Legendary
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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October 23, 2013, 03:43:07 PM |
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They only offer CFDs. You aren't trading actual BTC.
of course, but even on Forex you trade just bits and you can't take delivery of foreign currencies. and maybe they hedge and are into the market for actual btc. |
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imrer
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October 23, 2013, 04:10:34 PM |
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They don't see it yet. For them it's just kids playing with virtual money. I believe they'll understand potential in this but it'll be too late.
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Zemou
Newbie
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Activity: 52
Merit: 0
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October 23, 2013, 05:44:30 PM |
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A friend of mine who is working in a big bank (as a trader  ) told me BTC shows on his currency exchange panel but he can't trade it for the moment... He also told me BTC is currently tested on some big exchange platform at the moment but can't be used for trading at the moment. |
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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October 23, 2013, 08:14:57 PM |
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A friend of mine who is working in a big bank (as a trader ) told me BTC shows on his currency exchange panel but he can't trade it for the moment... He also told me BTC is currently tested on some big exchange platform at the moment but can't be used for trading at the moment. Which bank is it? |
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monbux
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Activity: 1736
Merit: 1024
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October 23, 2013, 09:31:33 PM |
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I just saw a huge online forex exchange announce a few weeks ago they are accepting bitcoin.
Others would probably follow.
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carlos
Member
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Activity: 107
Merit: 10
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October 26, 2013, 12:10:42 PM |
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I just saw a huge online forex exchange announce a few weeks ago they are accepting bitcoin.
Others would probably follow.
which one? |
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MoneyGod
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October 30, 2013, 03:15:58 PM |
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I just saw a huge online forex exchange announce a few weeks ago they are accepting bitcoin.
Others would probably follow.
which one? all rumours here no person giving link or any proofable news for these some bank and exchange thinking but where ? |
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