Deciding whether or not to trade Bitcoin online depends on what your financial goals are. Some of the reasons that Australian investors trade Bitcoin include:
High volatility – because Bitcoins are much newer markets they can be more volatile with bigger price swings. This presents opportunities for traders to profit from price volatility.
Flexibility in how you trade – with traditional investments options you’d look to invest and hold your shares as prices rise. By trading Cryptocurrencies through a CFD broker you can go long or short and profit whether the price rises or falls.
Trade at a time that suits you – Bitcoin trading Australia markets are open 24/7 so you’ll never miss a trading opportunity.
Trading on leverage – by trading CFDs on leverage you can gain a larger exposure to the market than you might otherwise be able to by buying Crypto direct.
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