A globally regulated broker, AvaTrade offers Bitcoin trading like forex and CFDs. Rather than buying bitcoin in a wallet and holding it until the price increases, CFDs allow for speculation on the price fluctuations. With a broker, Bitcoin traders can profit from the increases or decreases in price movements.
In AvaTrade countries, the broker handles your funds with safety and security compared to a decentralized crypto wallet. Additionally, you can trade Bitcoin CFDs with leverage up to 20:1. Trading bitcoin with leverage allows for a smaller initial investment, with increased profit potential or risk losses. Keep reading to learn how to trade bitcoin on AvaTrade like Forex and CFDs.
History Of Bitcoin And AvaTrade
Bitcoin is one of the first cryptocurrencies established for electronic cash payments. Since 2008, the cryptocurrency has celebrated it’s 10th anniversary and multiple all-time highs. As a leading broker, AvaTrade was among the first to offer Bitcoin CFD trading.
The original bitcoin creator named Satoshi Nakamoto disappeared in 2011. Most recently, a new documentary could reveal the identity of Satoshi Nakamoto, or answer the question of who created bitcoin? If the bitcoin unmasking goes poorly, it could shift the confidence in the cryptocurrency and trigger a massive sell off.
Since 2006, AvaTrade forex broker has serviced clients who trade based off the latest price movements. As the bitcoin history continues to evolve, you can trade crypto CFDs like Forex with a safe and regulated broker in many countries, including by the SFC in Colombia.
Does AvaTrade Accept Bitcoin Deposit?
If you are looking for an AvaTrade crypto wallet, this deposit method is currently unavailable. While the broker does accept bitcoin trading, you can not make crypto deposits. Since Bitcoin CFDs only speculate on price movements, you do not need to buy or sell bitcoin within the broker account. You can fund your account using the following methods:
- Credit Card
- Wire Transfer
- Paypal
- E-Payment
However, if you have a crypto wallet with a debit card attached, you can make a deposit into AvaTrade. Or, you can sell your bitcoin on an exchange and deposit the funds into your account. The AvaTrade deposit minimum is $100 for new clients. Your account must be verified to be funded.
Open An AvaTrade Bitcoin Account
First, open your trading account with Avatrade partner code in Forex CFD and kickstart your Bitcoin trading journey today. As a beginner trader, create a demo account to learn about cryptocurrencies, how volatile they are, and test your strategy first. However, if you are a seasoned trader, shift your trading account into a real one to gain profits. With Avatrade account types, trade Bitcoin with confidence due to the easy-to-use, customizable and analytic tools. Also, the broker offers multi-channel customer support so you can progress towards your Bitcoin trading goals.
Here’s how to open a Bitcoin trading account on AvaTrade:
- Complete the online registration form.
- Verify your identity with the required documents.
- Fund your account (Minimum deposit $100)
Surely, create your Avatrade Bitcoin CFD account to become a successful crypto trader in Colombia and globally.
AvaTrade Bitcoin Trading Platform
Start bitcoin trading with AvaTrade forex and CFD broker platform. The AvaTrade bitcoin apps and tools allow you to trade in the global market with live feeds and social trends. With their unique platform, you can view live prices & charts, active trades, and manage tools. There are four bitcoin trading platforms on AvaTrade:
- WebTrader: You get an intuitive interface with real-time bitcoin trading signals.
- AvaTrade Trading App: You can trade Bitcoin CFDs on the go.
- AvaSocial: Follow and copy expert Bitcoin traders effortlessly.
- Avatrade MT5/MT4: Advanced tools for looking deep into Bitcoin CFD trading.
These AvaTrade bitcoin trading platforms provide real-time market data, advanced charting tools, and fast trade execution. Moreover, the platform offers AvaProtect to protect your trade position from losing. Kickstart your Bitcoin trading with the AvaTrade forex CFD broker platform.
Employ BTC-USD Trading Strategies On AvaTrade
Discover the bitcoin trading strategies with AvaTrade. Bitcoin investors use various techniques to capitalize on the price movements in the market. With a CFD trading account, you can implement a range of trading strategies from HODLing to scalping, and everything in between. Trading on AvaTrade gives you access to bitcoin leverage, price volatility, signals and indicators.
In addition, you can trade BTC-USD with the following strategies:
- Bitcoin Arbitrage Trading
- BTC/USD OBC Indicator Trading
- BTC/USD Correlation Trading
- Bitcoin CFD HODLing
- Crypto News Trading
- Bitcoin BTC Copy Trading
- Crypto Algo Trading
- Bitcoin Automated Trading
With a full-suite of tools available on AvaTrade, you can develop the best strategy for your trading style, risk tolerance and time frame goals. If you’re a beginner, you can also copy trade on AvaTrade and replicate profitable strategies from experienced traders. With competitive below zero bitcoin spreads and no commissions, refine your crypto trading strategies over time.
Can I Trade Bitcoin Cash BCH-USD With CFDs?
Trade Crypto CFD with AvaTrade including BTC/BCH. Bitcoin Cash was created to solve the Bitcoin scalability problem. The BCH cypto offers a spread of 0.50% over-market for each pip. Moreover, you can trade Bitcoin Cash with a leverage of 10:1. On this broker, you can use your preferred trading strategy depending on currency movement.
Learn how to trade AvaTrade bitcoin cash CFD:
- Create an account with AvaTrade.
- Deposit funds into your account.
- Choose your desired investment amount.
- Decide whether to BUY (go long) or SELL (go short) Bitcoin Cash.
Trade cryptocurrency CFDs without actual Bitcoin Cash coins involved. Open your long or short position with AvaTrade bitcoin cash CFD. Here’s a full list of AvaTrade crypto available.
How To Withdraw Bitcoins On AvaTrade?
Since the broker is a CFD platform, you can not withdraw bitcoins on AvaTrade. The broker does not support a crypto wallet or cryptocurrencies transfers to cash out. To withdraw your money from AvaTrade, you have multiple options. The withdrawal method depends on your deposit method to comply with anti-money laundering rules.
AvaTrade withdrawals are sent via the payment method used to fund the account. For example, if you deposited funds via credit card:
- You must withdraw funds back to the credit card up to 100%
- After 100%, you can withdraw funds using bank wire, paypal, e-payment, etc.
After making a withdrawal to a third party, you can buy bitcoin directly using your fiat funds. Withdrawals have zero fees. However, it may take 3 days or more to withdraw funds to your account.