Not being the official currency of any of the world's countries, Bitcoin, therefore, is absolutely not tied to the economic, political sphere of a certain state. The cost of bitcoin can react to the widest spectrum of all sorts of events: from controlling various movements of capital in the interior of Greece to a sudden devaluation of the yuan in the PRC.
The widespread general economic instability, a certain panic, caused the growth of the btc rate at times.
For example, in 2013 the Cypriot authorities decided to introduce control over open bank accounts. After this, a rather large percentage of account holders in Cyprus have their own views turned to the bitcoin that gained popularity, which caused an increase in its price.
Trading bitcoin 24/7
When trading bitcoins, which distinguishes it from the usual for many Forex, the Stock market, there are no official sites with a certain time of work, weekends, holidays. This is because now there is no officially established bitcoin exchange, its cost. This property is able to create quite good conditions for working with arbitration.
High volatility of bitcoin
Bitcoin today is known for the exceptional speed of change in value. Such an indicator of its volatility provides excellent opportunities for the active work of traders who trade on the exchange of crypto-currencies.
Modern Exchange Crypto-Currency Exchange
The modern exchange of digital currencies is a definite platform, dedicated specifically to trading, exchanging digital money of one type for other, or generally accepted world currencies. In addition to mining, which is the original way of creating various modern online currencies, such systems have become a direct way of obtaining them. It is also only possible here to exchange the available online funds, including btc, for real money.
Types of exchanges
Classification of a large list of functioning sites today is conditionally carried out on the most important criteria:
a market where exchange of bitcoins is available, the main types of forks for fiat money (global, national currencies);
system, where you can work only with bitcoin and forks, exchanging one type of modern crypto currency for another.
Forks are called digital money, which are derived from bitcoin. The implementation of active work is possible for various forks, but the exchange of most of them is available only at certain sites.
The most popular crypto-exchange markets
Today, experienced traders enjoy the most popularity of several functioning sites:
One of the largest in the generalized volume of systems. There is a list of three main pairs: BTC / LTC, BTC / USD, LTC / USD. By analogy with the standard stock market, there is an opportunity to implement the process of margin trading, to work without using margin, and also to engage in brokerage.
Its popularity is partly explained by the lack of the need to undergo mandatory verification in the registration process. To start the session, you just need to specify a personal e-mail address. The system provides lists of pairs of bitcion to fiat money, including the Russian ruble, the US dollar, and the euro.
The main and only pair of this system is BTC / USD. The site has a different commission for each transaction. The initial rate is 0.5%, gradually decreasing with the growth of realized / purchased volumes.
In this Chinese market, the work of an impressive number of pairs with a list of different forks is optimally implemented, together with the main CNY, LTC, BTC. In total, the list includes more than 35 pairs. Many active players, she attracts the widest range of forks used, as well as a relatively low commission threshold of 0.2%.
Active speculation is carried out exclusively online. It is distinguished by a significant list of pairs traded with forks. Of particular interest is the availability of information on the possibility of working with couples involving USD.