Thread: Which brokers offer Bitcoin?

Originally Posted by ;

I know a Forex broker, Coinexx, who supplies trading in nearly 25 crypto currencies. They also accept deposit and withdrawals from the major digital coins such as Ripple, Ethereum and Bitcoin.

I concur @maria098, Coinexx is a excellent brokers for BTC trading as well BTC deposits. And I concur to certain degree with couple of members here that it is risky but there are nutheads like me who prefer to trade leveraged cryptos. When compared to what I watch on the exchanges like coinbase, and together with Coinexx the spread is pretty decent. The bid and ask price for BTCUSD on coinbase is dreadful.

I've been utilizing Pepperstone so far, anyone with a broker which has reduced spread than $10 at the second for the Bitcoin?

These days nearly all brokers offers bitcoin and crypto currencies to trade

I like everything about coinexx EXCEPT They do Not do 24/7 crypto trading....only 24/5 like Foreign Exchange

I've set up accounts at Coinexx - that I will offer them a shot for the upcoming few months.

In the meantime, I'll be watching for well established FX brokers who enter this domain. I understand Darwinex is currently adding a few crypto trading and they are a top notch broker who understands risk evaluation better compared to any retail brokerage group. Their risk assessment software is amazing - I love what they are doing!

I have been using Exness for a few years but just attempted their bitcoin account lately, and that which was smooth.

I needed to first make a deposit to kinda activate the account and then I could transfer between my usual USD/EUR accounts to my Bitcoin wallet, and make a withdrawal to an external trade. Didnt have a single difficulty, imo that is pretty impressive.

Here is how it looks like in the member area = https://photoshar.in/exness-member-bitcoin

And here you can see how I did an internal transfer between my wallets, before making a BTC withdrawal = https://photoshar.in/recent-exness-bitcoin-withdrawals

Ohh. A few of your points are valid for certain. All the very best loing your bitcoin broker. And do tell about your exp. then

Originally Posted by ;

And I have a query. If you want to trade bitcoin why not go with exchanges for cryptocurrency. Why ordinary brokers?

That's true but First thing I'm into Currency Market as well from long. And started bitcoin recently. So searching for a single platform to trade the instruments all .
And there are some drawbacks of trading BTC on exchanges.
- For brokers, spreads include the trading expenses. But on top of it, there are the commissions and spreads for Exchange depending on the trading volume.
-Then safety is another issue. Many crypto exchanges provide prices that are higher, protection. As many exchanges are prone to sc, time, there have been safety issues.
-About leverage, maximum leverage would go until 1:3 whereas, ordinary brokers tend to provide more than 1:3 which allows flexibility to the traders.

So l would like trading with brokers than the crypto exchanges.

Pleiadian is right. On account of the particulars of the crypto instruments, i.e. wider spreads, greater volatility and huge margin requirements, it's fairly risky to get into this market.

I know a Forex broker, Coinexx, that offers trading in nearly 25 currencies. They also accept withdrawals and deposit from the major digital coins like Ethereum, Ripple and Bitcoin.