With Bitcoin futures trading official on December 10 at Chicago-based exchanges Cboe Global Markets Inc. and CME Group Inc., the cryptocurrency concept has entered the mainstream. Brokers like AvaTrade will now be offering trading instruments backed by Bitcoin to their trading clientele. These new trading products will make it possible for traders to get in on the Bitcoin phenomenon. AvaTrade’s cutting edge online trading platform is sure to be the place to trade this new currency.
Cryptocurrencies differ from traditional currencies in that they are entirely digital without any physical forms, being created using encryption algorithms and stored as electronic data. They have become increasingly popular for secure and anonymous internet transactions because they are unregulated and independent of Central Bank or national policies. Bitcoin has become the cryptocurrency of choice for transactions on the internet, gaining acceptance with many ecommerce sites as a payment method.
AvaTrade is a brokerage with ample financial backing that puts the trader’s experience first in designing its online trading platforms. This focus on designing internet technologies that are practical and easy to use has put AvaTrade on the cutting edge among its competitors. The company’s around-the-clock multilingual support desk service gives their customers confidence. The broker has crafted a trading platform with both beginners and expert traders in mind. AvaTrade offers trading in stocks, bonds, commodities, forex, and indices.
With its headquarters in Ireland, AvaTrade has offices open in Milan, Paris, Sydney, and Tokyo. Started by a team of financial and ecommerce professionals, the company has been rolling out innovative online trading products and tools since 2006. AvaTrade’s trading platforms have been recognized with nine industry awards since 2009 because the experience of using them surpasses that of other brokers. AvaTrade has built an online trading platform that executes two million trades a month made by over twenty thousand customers.