First Global Credit Announces the Ticket to Prosperity Bitcoin as Collateral Trading Competition

Do you have what it takes to make it as a professional trader? Anyone who thinks they have the right stuff is invited to participate in First Global Credit's Ticket to Prosperity Trading Competition. The competition which kicks off December 1st and runs for 6 weeks will be formally announced at the Bitcoin Center of New York, 40 Broad Street on the 20th of November at 7PM.

The competition will use a demonstration version of First Global Credit's Active Trader Service, which has been created for people who want to use their Bitcoins as collateral to trade stock markets and commodities. Everyone participating in the competition gets 100 synthetic Bitcoins and access to over 50 fast moving markets. The demonstration system mirrors the Live Active Trader using live prices and fee structures to emulate a real trading environment. The goal of the competition is to find the most talented trader capable of making the most of their 100 synthetic Bitcoin collateral.

"This competition mirrors the real world where you have a lot of smart, talented people with access to the same charts and market information all trying to make the most of their Bitcoin investment," says First Global Credit Business Development Director Marcie Terman. "But there are certain people who have the aptitude to thrive in this high pressure environment and really perform. Our goal is to find the best of the best."

And that's the real significance of the competition. "Not only is First Global Credit introducing the public to a powerful money making resource with the Active Trader Service, we are looking for untapped talent in the Bitcoin community," continues Terman. "Because the Monday after we announce the winner of the competition we will be providing that gifted individual with access to a fully funded trading account. The proceeds to be shared between First Global Credit and the trader, the risk to be shouldered by First Global Credit.

"The tradition of fostering trading talent goes back to the days of open outcry pit trading when trading banks would back skilled beginners at the start of their careers and share the profits," says Terman.

"This strategy was successful 30 years ago and First Global Credit will replicate that successful strategy today."

The competition will be held on First Global Credit's Active Trader Service. The Active Trader launch follows the release of the now popular Bitcoin Investment Service first made available at Inside Bitcoin Las Vegas 2014. "That service was designed for people that use a buy and hold strategy. Active Trader is more appropriate for people that prefer a more dynamic trading style," says Terman.

Full details of the competition rules will be announced on the 20th of November, with actual trading commencing on the 1st of December. Anyone interested in signing up for the competition can create a demonstration account immediately at www.firstglobalcredit.com/register. When logging into the account on the first of December, they will simply choose to log into the competition platform instead of the demonstration account. It is free to enter the competition.

The Bitcoin History

The Bitcoin phenomena started with the mining of the 'Genesis Block' at 18:55:05 GMT on January 3rd, 2009. An exchange rate for Bitcoins was established on October 5th of 2009 at one US Dollar equal to 1,309.03 BTC. This number was derived from an equation that included the cost of the electricity needed to run the computer that mined the Bitcoin.

Technical people became involved in the phenomena "mining Bitcoins" before the currency had much acceptance. In 2012 the currency's value started to increase and since 2014 several major retailers have included BTC in what they will accept for goods and services. This has given tangible value to what had been created over the last several years and left dormant on computer hard drives.

Many Exchanges have sprung up in the last two years giving people the opportunity to change Fiat currencies like the dollar, euro and pound for Bitcoin and other digital currencies. This speculation has contributed to market volatility which continues to be high.

About First Global Credit

First Global Credit is the world's first Finance Company 100% focused on digital currency products. The company has been founded by financial service professionals with 35 years' collective industry experience. The objective, to deliver stability and reliability to people wanting to transact business using Bitcoins. We are committed to assisting our customers achieve their economic objectives and to do this our systems have been built using enterprise level technology and security. Our processes are designed to assure the security of our client's assets alongside maintaining their privacy. The company has a commitment to developing a stable and secure cryptocurrency capital market; to provide an environment which will prove fairer, more accessible, and less costly for the public to transact business than existing banks and financial institutions.

First Global Credit
http://www.firstglobalcredit.com/