Everybody has the possibility to trade CFDs on bitcoin with Plus500 (availability subject to regulations).
Plus500 is a trusted broker that has bitcoin CFDs.
Not only does Plus500 offer Bitcoin CFDs but they also have CFDs on:
- Bitcoin Cash
- Ethereum/Bitcoin pairs
If you are interested in trading bitcoin on Plus500, then you have to make a minimum deposit of $100. You can start trading cryptocurrencies with a leverage.
One advantage of the cryptocurrency market is, that it is open all the time which means you can trade it 24/7, whenever you want except for one hour on Sundays.
What is Plus500
Plus500 is a broker that specializes in CFD trading. Plus500UK Ltd is authorized & regulated by the FCA (#509909) (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website). It is one of our top rated brokers. Unfortunately, however, its services are off limits to US traders.
You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.
Types of accounts – Trade Bitcoin on Plus500
With Plus500, you have a choice of two accounts, a live account and a demo account.
The former requires a minimum initial deposit of $100.
Naturally, this represents a considerable level of risk that only certain types of traders are advised to trade with. You can trade bitcoin with any type of account.
The Plus500 online trading platform manages to be both comprehensive and user-friendly. On top of that, it also offers valuable technical analysis software.
A trader can trade in multiple markets on the same screen and access price quotes of products in real time. Also, the trading platform is available in 4 different versions; one which can be downloaded, one which is web-based, one which allows a trader access from a foreign computer, and an app version for Windows, Android, and iOS.
With Plus500, you can trade CFDs on following instruments: currencies, cryptocurrencies (bitcoin etc – availability subject to regulations), stocks, commodities, ETFs, and indexes.
Deposits and Withdrawals
You can fund your Plus500 account with a Visa or MasterCard credit card, bank wire transfer, or MoneyBookers. Of these, the credit card is the fastest method.
In the case of bank wires transfers, it should be noted that the minimum amount you can deposit is $100.
Customer support from Plus500 is available 24/7 in multiple languages via email and online chat. However, no telephone number is provided, which can become a problem if you do not have an internet connection or your computer crashes.
As you can see plus500 is a great broker, if you want to trade bitcoin CFDs.
For traders outside the United States, Plus500 is among the most reputed brokers in the business thanks to a variety of assets available for trading and an easy-to-use platform that supports different trading styles.
Can I buy Bitcoin on Plus500 with credit card?
Plus500 only offers bitcoin CFDs trading. You can’t buy actual coins that you can withdraw later.
Can I trade cryptocurrencies on my smartphone?
Yes, plus500 offers quality trading apps for Android and iOS. This means that you can trade cryptocurrencies and all other assets on your smartphone.
Trade Bitcoin and Other Cryptocurrencies on Plus500
Plus500 is known for providing traders with a reliable platform to trade cryptocurrency CFDs including Bitcoin and other popular cryptocurrencies like Ethereum Bitcoin Cash Litecoin Ripple and more.
With a minimum deposit of $100 traders can access the cryptocurrency market and take advantage of the price movements without owning the actual assets.
Plus500 offers leveraged trading allowing traders to amplify their positions and potentially increase their profits.
The cryptocurrency market operates 24/7 providing traders with the flexibility to trade at any time.
Plus500’s user-friendly trading software is available in multiple versions including downloadable web-based and mobile apps ensuring that traders can access their accounts and monitor their positions from anywhere.
With 24/7 customer support and a variety of deposit and withdrawal methods Plus500 aims to provide a seamless trading experience for both beginner and experienced traders.
However it’s important to note that trading CFDs on cryptocurrencies including Bitcoin involves a high level of risk and 84% of retail investor accounts lose money when trading with Plus500.