The broad use of Bitcoin continues as the popular trading brand easyMarkets launched the µBTC account, a new feature that enables customers to deposit, withdraw, or transact using Bitcoin as their base currency.
Regulated by CySEC, ASIC, and other regulators, easyMarkets is one of the first brands to offer such features. This comes at a fitting time, considering BTC had been one of the best-performing assets in terms of price performance over the past year.
Bitcoin dominates the cryptocurrency industry, standing above all altcoins, even Ether or XRP, that also possess high market capitalizations. One of the main reasons behind Bitcoin’s continued rise are the numerous new investment vehicles that allowed retail traders and institutional investors to gain exposure to this asset.
Deposit, withdraw and trade with BTC
With the launch of its µBTC account, easyMarkets opens a new path for traders with funds held in Bitcoin. They can access CFDs on a variety of assets without having to deal with fiat currency, benefiting from a series of attractive trading features, including:
- Tight fixed spreads on over 200+ instruments, such as CFDs based on FX, stocks, indices, metals, commodities, or cryptocurrencies
- No slippage when using the easyMarkets dedicated platform and app
- Guaranteed stop loss and take profit to keep risk under control in every trade
- Negative balance protection
- Availability on Metatrader 4, for traders wanting to use this platform
Using BTC as the primary account currency will mean strong security and privacy, as well as fast transaction processing and low transfer fees. Traders wanting to use this feature will deposit funds directly from their Bitcoin wallet any time they wish, as long as the trading account had been verified, in line with the easyMarkets requirements.
easyMarkets – a solid trading brand
Founded in 2001, easyMarkets had grown into one of the leading CFD providers, relying on values such as simplicity, honesty, and transparency. Formerly easy-Forex, the brand has customers from around the world, has received numerous awards, and has a high profile sponsorship deal with Real Madrid FC.
Retail traders are choosing the services provided by easyMarkets thanks to the asset variety, advanced trading platforms, customer support, trading education, and other benefits associated with opening a live account.
µBTC accounts available for all customers
Those wanting to try a µBTC account will need to follow the same account opening process, the only difference being the account funding option. KYC requirements apply, regardless of country of residence, and the security level had been enhanced, given only the trader has access to the BTC wallet details.
Companies like easyMarkets have a massive contribution in putting Bitcoin and other cryptocurrencies in a favorable position, so users can start benefiting from the blockchain technology for many different activities. The increased volatility across numerous asset classes in combination with Bitcoin funding work well together, as crypto is a very fast payment option.