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HotForex now offering Bitcoin trading

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

Prominent retail FX broker HotForex has added the popular digital currency to its tradable instruments – so traders can now buy and sell Bitcoin.

HotForex, the internationally acclaimed multi-asset broker, has now added Bitcoin to its Cryptocurrency CFDs to allow traders to buy and sell it after starting to offer it as a deposit option earlier in the year.

A HotForex spokesperson said: “Bitcoin has been rapidly changing the financial world since it was created. Here at HotForex, we believe in helping our clients keep up with the latest instruments, the newest tools and the best educational resources: adding this popular new cryptocurrency to our products was the natural next step, and offering the option to buy or sell sets us apart from brokers that only allow clients to buy. We hope our clients enjoy these new possibilities.”

Bitcoin

Bitcoin is a cryptocurrency, a form of digital currency that has no physical form and no central governing body. Its unique nature has made it very popular very quickly, and it is now the latest must-have currency expected from forex trading providers. Its virtual nature makes it a perfect fit for the online world of currency trading, and its high volatility makes it an exciting instrument for experienced traders.

What HotForex is offering:

  • Bitcoin trading is available to HotForex clients whose account(s) falls under the HF Markets (SV) Ltd and HF Markets SA (PTY) Ltd entities, – and, unlike many other brokers, it is available to both buy and sell.
  • Eligible clients can enjoy a variety of features:
  • BTC/USD and BTC/EUR trading
  • Very competitive prices
  • Great liquidity
  • Low spreads

If you would like to learn more about this exciting new product and all the other trading instruments HotForex provides for its clients, click here.

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