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Anyone Using Bitcoin Brokers?

mlawson71
Jan 26 2018 at 15:39
1487 postów
What bothers me is that JAFX is apparently not regulated. (https://www.forexbrokerz.com/brokers/JAFX-Review) and it is owned by a person who has been running a binary options trading signals site and who is also being accused of running a Ponzi scheme. On the other hand there are also satisfied clients like you, so who knows.
I generally recommend sticking to regulated brokers.

kieran (snapdragon1970)
Jan 26 2018 at 15:46
1945 postów
mlawson71 posted:
What bothers me is that JAFX is apparently not regulated. (https://www.forexbrokerz.com/brokers/JAFX-Review) and it is owned by a person who has been running a binary options trading signals site and who is also being accused of running a Ponzi scheme. On the other hand there are also satisfied clients like you, so who knows.
I generally recommend sticking to regulated brokers.


I got an email two days ago that Dukascopy will be putting Cryptos on there platform soon.

"They mistook leverage with genius".
Jimm (Jimmblack)
Jan 31 2018 at 07:33
23 postów
Since I'm still a novice in trading, I do not dare trade by crypto-currencies. I did not even know someone can make a deposit/withdrawal using bitcoin. What are the advantages of the withdrawals? As I understand it, it happens anonymously. Do not you afraid a broker may accidentally withdraw money someone else exept you?

SteveHanks
Oct 06 at 17:24
446 postów
Jimmblack posted:
Since I'm still a novice in trading, I do not dare trade by crypto-currencies. I did not even know someone can make a deposit/withdrawal using bitcoin. What are the advantages of the withdrawals? As I understand it, it happens anonymously. Do not you afraid a broker may accidentally withdraw money someone else exept you?

A good broker is very much needed to make money from this market.

AliForexTalks
Oct 16 at 17:26
81 postów
You can buy bitcoin through exchanges and stockbrokers, or from other owners. Regardless of where you get it, consider the risks of investing in digital assets.

momo3HC
Oct 17 at 13:14
207 postów
Xitradez posted:
Hey guys, I've searched forums and googled for FX Brokers that allow deposits and withdrawals for Bitcoin, but I haven't really come across people who are using them . So I'd just like to know if any of myfxbook guys are withdrawing Bitcoin from brokers and which one is currently providing you a good service? I may just have to go with one from a list from a different forum, however I'd be more likely to consider deciding from others who have had experience and no major issues to date. Thanks in advance

Im using EagleFX for more than 2 years already. Good trading conditions and no issues at all. As long as i know they dont have any residential restrictions so take a look at them.

Levesen
Oct 19 at 19:21
6 postów
Actually, as far as I concerned, plenty of brokers which provide traders with cryptocurrency trading have bitcoin trading. There are particualr cryptocurrency brokers which specialize only on cryptos, nevertheless I beleive that it's much more convenient to have a broker, which offer both cryptotrading and forex trading. Some traders often are tired from cryptotrading and want to trade some other assets. That's why the vast majority of brokers nowadays offer several trading instruments in order to let traders fulfill their needs. To my mind, the main idea pf bitcoin broker is that it focuses certainly on btc in order not to distract traders from trading.

Karlos Fandango (Smith2525)
Oct 25 at 00:05
77 postów
Looks like many people in this thread have the wrong end of the stick... He is asking about brokers who accept BTC deposits for trading capital and not trading Bitcoin itself....
I have tried a few of them. My favorite so far has been CedarFX. They offer all the usual FX pairs, a fairly wide range of crypto and a heap of stocks - all tradable via leveraged CFD....
I personally believe in the long term growth of Bitcoin, so am happy to use it for capital and keep building it for the future. Short term volatility does not bother me.

Seb King (sebking1986)
Oct 26 at 10:58
143 postów
Smith2525 posted:
Looks like many people in this thread have the wrong end of the stick... He is asking about brokers who accept BTC deposits for trading capital and not trading Bitcoin itself....
I have tried a few of them. My favorite so far has been CedarFX. They offer all the usual FX pairs, a fairly wide range of crypto and a heap of stocks - all tradable via leveraged CFD....
I personally believe in the long term growth of Bitcoin, so am happy to use it for capital and keep building it for the future. Short term volatility does not bother me.


Agree with your point about the wrong end of the stick. I actually don't trade BTC but have some and have used it to fund an account I have with Hugosway which I then convert to £ and trade forex with. Again, a broker that's been doing it for a while now. Not here to argue for or against regulation as I use broker with and without but there are some reliable unregulated ones out there that allow people to do this which get them around strict rules by regulators like the FCA and CFTC. The quick withdrawals are argulably better than the deposits if I'm honest and as good a reason to use the method as any. Quicker than my IC Markets and IG accounts.

If you can't spot the liquidity then you are the liquidity.
skihav
Oct 26 at 13:07
337 postów
It is better to buy bitcoin :) In general, now many companies allow working with bitcoin.

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