Along with the growing popularity of cryptocurrencies, more and more forex brokers offer various Bitcoin and Altcoin trading facilities, likewise with the Australian-based broker Pepperstone. Recently, Pepperstone launched a commission-free Bitcoin trading facility, along with several other cryptocurrencies.
Crypto trading is trading crypto currency derivatives without involving the cryptocurrency's ownership transfer. In other words, crypto traders can benefit from the fluctuations in cryptocurrency prices just like forex trading, but they don't need to manage a wallet containing real crypto. Most forex traders are interested in entering this new market because sharp price fluctuations open up great opportunities for higher profits, even though the risks are also greater.
For those interested in crypto trading, the Pepperstone broker now provides derivative products from the five most popular cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Dash, and Litecoins. The trading facilities it provides allow trading to be done online, wherever you are, with several advantages:
- Trading commission free.
- Leverage up to 1:5.
- Hedging is allowed on one account.
- Sharp execution and interbank-class spreads.
- Various methods of depositing and withdrawing funds use fiat currencies, including Bank Wire, Credit Card, Skrill, Neteller, WebMoney, Fasapay, etc.
Thus, this commission-free Bitcoin trading facility from Pepperstone is one of the best choices if you want to start dabbling in the world of crypto trading. Visit the Pepperstone broker site directly to get more info.
Pepperstone is an ASIC-regulated Australian broker that trades various assets, including forex, oil, gold, and CFDs. The legality of Pepperstone brokers is guaranteed through regulation and segregated accounts that hold client funds in the accounts of major Australian banks.