Exploiting Bitcoin Opportunities with HYCM

HYCM recently announced the launch of Bitcoin trading, adding BTC/USD to its expanding list of trading instruments while making it one of the leading brokers to offer the popular cryptocurrency to its clients.

The latest addition to the company’s growing range of services introduces exciting new opportunities to currency traders who now have the option to speculate on the price of Bitcoin against the US Dollar on HYCM’s cutting-edge MT4 trading platform and mobile app.

Huge Growth

As the world’s first cryptocurrency, Bitcoin has experienced massive growth over the last year and has thus become highly attractive to traders. Its highly volatile nature makes it ideal for CFD trading and an excellent choice for a financial trading portfolio as it can provide many opportunities to trade. HYCM offers Bitcoin CFD trades with up to 10:1 leverage and it is possible to start trading from as little as $100.

Bitcoin is part of a handful of other cryptocurrencies which have soared this year. While Bitcoin recently took a dive which reverberated across the cryptocurrency space resulting in the market cap taking a huge plunge, Bitcoin has since bounced back to around the $2,900 level and continues to generate considerable interest with traders and leading industry figureheads who are also keen to voice their opinions. Just last week, for example, cybersecurity and software pioneer, John McAfee publicly tweeted his thoughts on Bitcoin, claiming that “each unit will be worth $500,000 in three years time”.

Trade Bitcoin with A Trusted Broker

As more and more people get to grips with how the technology works and real-world uses are rolled-out universally, the appeal of trading Bitcoin is expected to grow even further with potentially lucrative opportunities awaiting traders who are prepared to put in the time and effort to understand the factors affecting this popular cryptocurrency.