Bitcoin is a digital currency (electronic cash) created in January of 2009 by a person or group of people under the pseudonym of Satoshi Nakamoto, right after the most recent economic crisis. Bitcoin is not issued by a central bank, government or company but it’s produced based on a blockchain technology, a decentralized public ledger enforced by thousands of computers, maintained by people who “lend” their machines’ ability to create bitcoins and record all transactions made. Bitcoin was established to fulfill the need of transferring cash online without an intermediary, using only a peer to peer technology.
Bitcoin was established to fulfill the need of transferring cash online without an intermediary, using only a peer to peer technology.
To invest in Bitcoin, you need to set-up a digital wallet to buy the digital coin online and store it. Furthermore it’s not possible to short sell Bitcoins through crypto or bitcoin exchanges.
However, when you trade Bitcoin at Baxia Markets, you’re actually trading a Bitcoin CFD, a derivative product of the underlying asset that you can make a profit from by speculating on the change in the underlying asset price. At Baxia Markets, Bitcoin is quoted against the major fiat currencies as US Dollar, Euro and other cryptocurrencies as well. This means that when you trade the BTCUSD pair, for example, you’re buying Bitcoin and you’re selling USD.
Explore overview page of top cryptocurrencies traded
The main advantages of Bitcoin trading as CFDs is to be able to open a buy or sell position on Bitcoin. Here, you don’t have to actually own a Bitcoin to benefit from a potential bear or bull market. Moreover, you’ll benefit from the leverage available. This allows you to open a larger position with a smaller deposit. You won’t need thousands of dollars to be able to make profits with Bitcoin.
Open an account with us and start Bitcoin trading today. There is no commission.
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Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Baxia Limited, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment). You must assess and consider them carefully before making any decision about using our products or services.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Baxia Global Limited is a company registered in Seychelles with registration number: 8426970-1, and is regulated by the Financial Services Authority of Seychelles with License number: SD104.
Baxia Limited is a company registered in The Bahamas with registration number: 177330 B, and is licensed and regulated by The Securities Commission of The Bahamas (SCB), (SIA-F234).
The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. It is not targeted at the general public of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful or contravene regulatory requirements. Baxia Limited makes reasonable efforts to provide accurate translations of the website in other languages for your convenience. Where content is missing, inaccurate or incomplete, the English version prevails.