Cryptocurrencies have entered a new era with their introduction to the forex and futures trading markets. With brokers are now offering new instruments for their traders to enter the booming Bitcoin market, AvaTrade is sure to be one of the first to offer Bitcoin trading to their customers.
There are several digital currencies that are created using encryption techniques, hence the term cryptocurrency. They lack any physical denominations, being only unique, encrypted data. Cryptocurrencies, however, have become popular in recent years because Central Banks and national governments cannot regulate or manipulate them, unlike other Fiat currencies. Because of this, cryptocurrencies like Bitcoin are becoming the currency of choice for transactions on the internet. Bitcoin has been gaining acceptance with many ecommerce sites that take it as a payment method.
Bitcoin futures trading officially opened on December 10 at Chicago-based exchanges Cboe Global Markets Inc. and CME Group Inc., bringing cryptocurrencies into the mainstream. This has made it possible for brokers like AvaTrade to offer Bitcoin trading to institutional and individual investors on their own trading platforms.
AvaTrade has used solid financing and a focus on user experience to get an edge on its competitors in the online-trading business. AvaTrade makes multilingual support desk service available 24 hours a day for its an entire range of platforms and services. The broker has crafted a trading platform tailored for novice and expert traders alike. AvaTrade offers trading instruments in the Forex, stock, commodity, and index trading markets.
Since 2006, AvaTrade has been innovating the online trading business. Formed by a combined team of financial and ecommerce experts, AvaTrade has made a retail trading experience that surpasses what is found at other brokers. In recent years, the broker has rapidly expanded to execute over two million trades a month for more than twenty thousand customers registered around the world.
Headquartered in Dublin, AvaTrade’s offices are also located in Paris, Milan, Tokyo, and Sydney. The company has won nine different industry awards since 2009 because of its user-friendly trading platforms.