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Bitcoin Trading

Why Trade Bitcoin and not Buy it?

Bitcoin was being the first cryptocurrency invented. Since inception it has grown in popularity among investors and traders. Today, Bitcoin is the most in demand, capitilised cryptpcurrency in the world.  So why trade Bitcoin instead of buying it?

  1. Trade when Bitcoin price rises or when it falls 24 hours a day
  2. It highly volatile with more trading opportunities
  3. Access to Bitcoin, Ethereum, Litecoin, Dash, Ripple and more
  4. Get started from as little as $100 rather than current Bitcoin price.

In March 2017 you could buy Bitcoin for under $1000. Today (Aug 2017) the price is $4000. With Bitcoin’s price being over R200 000 in December of December 2017 t is near impossible for the average South African to buy a decent amount of Bitcoin as an investment.

This is where Bitcoin trading comes in. Making use of a bitcoin broker will allow South Africans access Bitcoin and other cryptocurrencies from as little as a $100 investment. Bitcoin is highly volatile and this is why makes it so popular globally as a trading asset. Higher volatility means more trading opportunities.

Selecting a Bitcoin Broker

Selecting your Bitcoin broker is easy. A number of brokers will allow Bitcoin CFD trades with leverage up to 50:1. This means that if you invest $100 it is similar to a $5000 in real money terms. Some Bitcoin brokers will charge zero commissions as no bank fees, making it far more profitable. You can trade Bitcoin 24 hours a day, 5 days a week. See our list below for the best Bitcoin Brokers in South Africa:

markets.com logo

Markets.com Review

Markets.com seems to be a name you can truly count on when it comes to trading CFD’s, ETF’s, Indices, Forex, Shares, Cryptocurrencies and so...
XTrade Logo

XTrade Review

XTrade was established in 2010, and in that short period has already a solid reputation among South African traders and brokers alike. Regulated by...
Plus500 logo

Plus500 Review

Are you looking for a user friendly platform to trade CFDs in South Africa? One of the more popular ones is Plus500.  Plus500 offers...
eToro logo

eToro Review

eToro was established in 2006, and since that time this Israeli-based Forex broker has received a lot of positive feedback from traders who have...
AVAtrade logo

AvaTrade Review

Forex traders in South Africa aren’t lacking in Forex broker choices, and one that has gotten a lot of positive feedback is AvaTrade. Before...