The Basics of Bitcoin Trading

What is bitcoin?

Bitcoin is a cryptocurrency founded in 2009 by an unknown person or persons. The founder is known by the pseudo name Satoshi Nakamoto. Bitcoin is described as a store of value, a unit of account, and an investment asset. You can invest in bitcoin long-term or trade it through the CFDs derivatives. Bitcoin 360 AI helps you trade bitcoin at a high success rate.

Do I need a wallet to trade bitcoin?

You only need a wallet when buying bitcoin through the traditional methods. A wallet is not needed in fast-paced trading. Trading happens through special platforms such as the MT4 and the MT5 as provided by the underlying broker. You must sign up with a specialized broker to trade through these platforms. All the Bitcoin 360 AI tools are available through these platforms.

Why trade bitcoin?

There are thousands of cryptocurrencies in the market, but none is as popular as bitcoin. This crypto has risen exponentially since its launch in 2009. Moreover, it has experienced many ups and downs, with daily price swings worth thousands of dollars.

Traders out there may be wondering whether bitcoin trading is worthwhile. Find below some of the benefits of trading bitcoin today.

High volatility

The high volatility translates to amazing trading opportunities. Top CFDs brokers allow you to place tens of trades simultaneously. Bitcoin 360 AI is the best bet for all fast-paced volatility trading. We are specialized in trading the best bitcoin CFDs.

Many celebrities have endorsed bitcoin

Notable personalities across the globe praise Bitcoin. Celebrity endorsements have triggered its value to greater heights. For instance, its value has risen dramatically through the positive Elon Musk tweets.