XM.COM Launches Trading in BTC/USD Pair
- XM now offers Bitcoin trading in the form of CFDs on the MT5 trading platform.
XM.COM, the multi-regulated online provider of foreign exchange and CFDs trading, has expanded its offering on the MT5 platform through a new trading instrument. XM will now offer trading in the world's most popular digital currency trading pair - Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that /US dollar (BTC/USD) - according to a release on its official website.
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XM.COM will offer several benefits to its customers with the new offer. It will be offered as a cash CFD, which means that cash CFDs will be offered as undated transactions that will replicate the cash price of the underlying instrument to make adjusted interest. Other key benefits offered will be zero commissions, zero fees and low margin requirements. Clients using the MT4 platform that want to trade the new pair will have to open an MT5 account in the XM members area, which they can do without any additional verification process.
The launch comes at a period when trading Bitcoin against major currencies is picking up in volume, leading to a huge surge in the value of Bitcoin. The price of Bitcoin touched an all-time high of $4969 on the 2nd of September this year. In the last few months, some renowned global Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi brokers have launched Bitcoin trading on their platforms, including IC Markets, Alpari and Hotforex.
Founded in 2009, XM.com has built a strong client base from over 190 countries in a short span of time. Earlier this year, XM incorporated the MT5 trading platform into its live trading infrastructure and signed athlete Usain Bolt as a brand ambassador.
XM.COM, the multi-regulated online provider of foreign exchange and CFDs trading, has expanded its offering on the MT5 platform through a new trading instrument. XM will now offer trading in the world's most popular digital currency trading pair - Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that /US dollar (BTC/USD) - according to a release on its official website.
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XM.COM will offer several benefits to its customers with the new offer. It will be offered as a cash CFD, which means that cash CFDs will be offered as undated transactions that will replicate the cash price of the underlying instrument to make adjusted interest. Other key benefits offered will be zero commissions, zero fees and low margin requirements. Clients using the MT4 platform that want to trade the new pair will have to open an MT5 account in the XM members area, which they can do without any additional verification process.
The launch comes at a period when trading Bitcoin against major currencies is picking up in volume, leading to a huge surge in the value of Bitcoin. The price of Bitcoin touched an all-time high of $4969 on the 2nd of September this year. In the last few months, some renowned global Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi brokers have launched Bitcoin trading on their platforms, including IC Markets, Alpari and Hotforex.
Founded in 2009, XM.com has built a strong client base from over 190 countries in a short span of time. Earlier this year, XM incorporated the MT5 trading platform into its live trading infrastructure and signed athlete Usain Bolt as a brand ambassador.