Category Archives: Bitcoin Trading

BIS general manager Warns Against a “Systemic Threat” Of Cryptocurrencies

BIS general manager worries about a “Systemic Threat” Of Bitcoin,

BIS general manager worries about a “Systemic Threat” Of Bitcoin, Prompts “Pre-emptive regulation” From Law enforcement “If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat… ” The general manager of the Bank for International Settlements (BIS) has pummeled bitcoin as a “combination of a bubble, a Ponzi scheme, and an environmental disaster.” Augustin Carstens asked Tuesday the sustainability of bitcoin and other cryptocurrencies and suggested federal government had a responsibility to shut down on the monetary technology

 

 

 

The FCA, UK’s financial regulatory body, posted a warning about threats of online investment scams

The FCA, UK’s financial regulatory institue, posted a warning about potential risks of online investment scam.

The FCA recommended investors be alert to fraudsters offering opportunities in binary options, contracts for difference (CFDs) and cryptocurrencies such as bitcoin.

The FCA given notice that retails investors are approached by cons through social media avenues such as Facebook, Instagram, WhatsApp, and Twitter, alternatively of by telephone, and are being lured to deposit by promising big earnings and associating the business opportunities to luxury objects such as luxury cars and watches. After someone invested, the prices distorted on their website, people are tied in with extreme pay-back requirements and oftentimes customer accounts are closed arbitrarily as the con artists rob the capital.

The surge in these frauds has affected the profile of the likely victims, too. In times past, the sector of people above 55s has been most vulnerable to investment fraud. Even so, the FCA’s present data has found that persons aged under 25 were 13% more probable to have confidence in an investment proposal they delivered via social media ın comparison with 2% for the over 55s. Overall, around 20% of the respondents to the FCA’s study stated that online consumer testimonials and testimonies boosted their confidence in a service or option.

The FCA has begun a ScamSmart plan that encourages individuals to look its professional website to estimate maybe a company is approved or to get recommendation about whether an prospect is maybe fraudulent.
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The FCA’s most important suggestion to prospects is:
Reject unwanted financial offers whether or not made online, on social media or through the telephone;
visit the FCA register ahead of investing
check the FCA alert list of firms to avoid;
Get impartial counsel in advance of investing.<

 

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  1. http://live4trading.co.uk/2018/02/13/fca-urges-investors-be-vigilant-to-fraudsters-soliciting-online-investments/

BitCoin CFD Trading

Bitcoin – A Quick Review While current money (i.e., USD|EUR|GBP|CHF) based on fiat currencies and appear as paper be informed or even digital form is instead of centuries without any fundamental change. The global monetary system was revolutionized in 2009 when Bitcoin released as open up source software that is utilized to create a digital currency. A digital currency, also called cryptocurrency, is created through the use of specialized software and it is stored only in an electronic form on computers and servers across the world. Since then a great many other digital currencies attended on the scene, with even more appearing on a monthly basis. Bitcoin continues to be the king as it pertains to digital currencies – at least for the time being. Read on for more information of the history behind digital currencies and the details behind {some of the most|some of the most} popular digital currencies.

 

Trading contracts for difference on 24option is a superb way to invest in Bitcoin and Litecoin. With its variety and low minimum amount balance of $100, 24option offers a solid assortment of trades to develop a strong investment strategy alongside bitcoin, litecoin CFDs and around. Here’s how to open a merchant account and begin trading in BTC/USD and LTC/USD..

 

Litecoin CFD Trading
Trade on Litecoin cost changes with the world’s best CFD broker, and exploit the extreme course fluctuation of Litecoin without holding real Litecoin.

CFDs are leveraged investment instruments, thus, are traded on margin. So they not only allow investors to speculate on price movements without the need to own the underlying asset, but they also allow traders to maintain large positions with modest portions of cash. The result in a CFD trade calculated by the difference between the buy and the selling price

, Unlike conventional spot Forex trading, CFD trading also enables owners of stock CFDs to receive cash dividends. CFDs are by nature only suited for short-term speculation and long-term position trading.

CFD trading is performed via brokerage accounts designated for this goal. These brokers charge a commission for each trade on opening and closing a transaction. Some others will add these commissions to the prices of the trade as spread, while there are others that will carry out both.

Key advantages of CFDs
investors can sell short and go long position.

invest with confidence
Litecoin CFD investment is 100 percent secure from theft since you never own any Litecoin.

Advantages of Trading CFDs On Bitcoin

Investors can Speculate on bitcoin price fluctuation with the world’s leading CFD brokers, and make a profit from the extreme conversion rates movements of Bitcoin without holding real Bitcoins.

Key features of Bitcoin CFD Trading
investors can sell short or open long position.

Trade with security
Bitcoin CFD buying and selling is fully secure from theft since you never own any bitcoin

Speculate on the bitcoin price against USD (XBT/USD)

make use of leverage
Trade bitcoin without dealing huge portions of your financing.

Trade Now CFDs on Bitcoin With 24option, Markets.com and AvaTrade

What Possibilities are there for Bitcoin trading?

What Possibilities are there for Bitcoin trading?
Whether you choose to trade digital currencies directly through an exchange or via Bitcoin CFD trading, buying or selling BitCoin CFDs is a speculation that offers opportunities for high profits but also high risks connected is. That there are good chances for above-average profits in a relatively short time is shown by the development of Bitcoin so far. While the digital currency was worth less than ten cents a coin at the end of the last decade, today you have to pay over 18,000 USD for a single bitcoin. Anyone who has acquired and held these bitcoins for about 200 euros, for example, almost ten years ago, is today a multimillionaire.