We continue to expand the options for trading cryptocurrency and add new tools, among which is Bitcoin Cash!
From today on, Euro, Dollar and Bitcoin cryptocurrency pairs, BTCEUR, XRPEUR, ETHBTC, DSHBTC, LTCBTC, BCHUSD and BCHBTC, will be available in the MetaTrader 4 terminal. We hope that this expansion will help you conduct more profitable trades in digital assets, which possess high volatility and are not regulated by any central bank.
Main advantages of trading cryptocurrency:
- It lends itself well to technical analysis and predictably reacts to news, as noticeably reflected in the dynamics of Bitcoin in its reaction to news.
- Some cryptocurrencies exhibit a global upward trend, which should be taken into consideration in long-term trading.
- The time frames applicable to traditional trading sessions do not work, hence the possibility of trading cryptocurrency in non-stop mode. Movement of digital assets can be observed at anytime of the day.
- Today, many investors who have lost their trust in central banks, are of the notion that cryptocurrency is an analog of gold, and they buy it as security from economic uncertainty, recession and negative rates.
We advise you to acquaint yourself with the terms of trading cryptocurrency found in the “Cryptopairs” tab.