Bitcoin CFD Trading
BTCUSD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.005
Contract Size Currency per 1 Lot Symbol
1 coin
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Sunday 23:59 MT Server
Trading Break
23:59 - 00:01 Daily & 00:01 -01:00 Saturday MT Server
3 Day Financing
Friday
Long & Short Position Overnight Fee
displayed on the trading platform
FAQ
The BTC/USD pair indicates the number of US dollars required to purchase one bitcoin*.
* 'bitcoin' without capitalization refers to the unit of account BTC, whereas 'Bitcoin' with capitalization refers to the entire network and protocol.
Bitcoin emerged as a revolutionary force in the world of finance in 2009, symbolising decentralisation and financial independence. It was the first cryptocurrency and continues to be the most prevalent today.
Satoshi Nakamoto, a pseudonymous programmer or group, is credited with inventing bitcoin and the blockchain technology on which it is based.
Bitcoin operates as a form of digital currency that can be transferred via a peer-to-peer network. It does not rely on central servers or intermediaries, and so can function independently of the banking system. As transactions are conducted directly between users, it is resistant to censorship and central points of failure, and it is designed to promote financial freedom and resilience.
Every Bitcoin transaction is recorded on the blockchain, which is an immutable public ledger accessible to all, making it a transparent monetary system and promoting accountability.
Instead of being printed or minted by a central authority, new bitcoins are awarded to miners who validate and secure transactions by adding them to the blockchain. Bitcoins are issued on a diminishing scale, and their total supply is limited at 21 million, ensuring that the currency remains scarce and deflationary. Every 210,000 blocks (approximately every four years) the supply is halved, with 3.125 BTC issued every 10 minutes after the fourth halving in April 2024.
Bitcoin's permissionless nature is a crucial characteristic. Anyone can generate a Bitcoin address and transmit or receive bitcoins without the approval of a centralised authority. This opens up financial opportunities for individuals around the world, especially those without access to conventional banking services.
The network's decentralised nature also allows everyone to participate. Whether you want to become a miner, operate a node to help validate transactions, or simply use Bitcoin for your financial transactions, there are few barriers to entry, democratising the financial landscape.
Despite higher costs and processing delays acting as impediments to Bitcoin's mass adoption, its use is on the rise, with thousands of merchants around the world accepting bitcoin as a form of payment. Faster, cheaper, and lower-value transactions can be achieved through the “layer 2” Lightning Network, which addresses bitcoin’s scalability issues. Bitcoin can also be spent through e-payment services such as PayPal and BitPay, as well as debit cards issued by cryptocurrency exchanges.
