Cryptocurrencies are the digital alternative to traditional currencies; allowing for fast, decentralised, anonymous payments across the world. Since Bitcoin’s introduction in 2009, there’s been intense global interest in altcoins, making them an appealing investment option for many traders.
Cryptos are a high-volatility instrument and are known for their rapid price swings. They gain in value as they reach greater adoption and falling on news of possible government regulation and security concerns.
The major benefit of trading crypto against the US dollar is that traders can potentially profit from the market’s drop in value, as well as a rise. We offer cryptocurrency trading for the four most popular digital coins:
Key benefits of trading cryptocurrency With MGI Trading.
Bitcoin was the first cryptocurrency to be developed and remains the most well-known. In 2009, a programmer (or a group of programmers) using the name ‘Satoshi Nakamoto’ introduced Bitcoin to the world along with its decentralised, public ledger blockchain. Bitcoin prices skyrocketed to record-breaking heights in December 2017, reaching almost $20,000 before falling back down. Many Bitcoin enthusiasts remain hopeful that its price could reach a similar threshold again.