You may be asking what is the meaning of “bitcoins futures contract?” The simple answer is that this is a derivative which lets you trade the movements of the price of bitcoins. Now let us see how you can profit from this.
Bitcoins futures contracts are traded using the MetaTrader4 platform, the most popular platform for online trading. It has an interface known as the Web Services Marketplace, which allows traders to enter market orders. These orders are managed and executed by the platform’s automated system. It also enables new traders to place buy and sell orders. It uses the familiar margin requirements that are present on conventional Forex platforms. These include the ability to maintain a minimum leverage and the ability to have stop losses and take profits at predetermined intervals.
The reason why this trading futures is popular amongst new traders and brokers is that it is a platform that is easy to use. Most of the functions are user friendly and uncomplicated. It even includes a built-in simulator for testing out your strategies. The simulated trading of the MetaTrader4 platform allows you to learn how the underlying marketplace works without risking your actual money. This makes you a good candidate for learning because the risk associated with speculative trading is much lower than that of the traditional Forex markets.
New traders looking for a way to minimize their risks can use a demo account. There are several brokers which provide a demo account on their website. The account allows traders to play around with the functionality of the trading platform without having to commit any real money. Most brokers will provide a platform which you can use for playing around with the software. In addition, they may offer an opportunity for traders to create fake accounts which they will use in real time. This gives traders the chance to get a feel of how their decisions to work in real time, while building their confidence in their abilities.
A major advantage of this type of contract is that traders have the flexibility to lock in profits and fees at specific dates. If the contract ends at a particular date, the traders will be locked out of their profits and fees. With a contract structured as a futures market, the flexibility to set up and end the contract is possible with less effort.
There are two types of futures contracts, which can be traded using the Cryptocomp charting platform. One is the long call, or bullion contract, which is an agreement to buy or sell a specific quantity of currency one month from a certain date in the future. This contract will be listed in the open futures markets. Another type of contract is the short put, or silver futures contract. This contract will be listed in either the Over the Counter (OTC) or Spot (SV) Forex exchanges and will be settled by the time the contract ends on Friday.
Because it works just like a stock, investors in this market will use the price of one month’s worth of Bitcoin as a reference rate. If the value increases by a certain amount, they will purchase more, and if it decreases by the same amount, they will sell off their shares. This is how traders reap profit by making successful trades within a few days of each other.
As more people discover how easy it is to invest in this popular form of digital currency, more traders will flock to the online trading platform to profit from the fluctuations of the value of the cryptocoins. Many people are investing in this exciting venture right now, and the more people that start using the Bitcoin futures trading platform, the more the demand for reliable brokers will increase. This will help make the platform even more valuable to traders all over the world.
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