Why Most Professional Traders Aren’t Trading Bitcoin (Yet)
As bitcoin becomes legitimized in the world of traditional finance, there are still some barriers keeping professional traders out.Bitcoin and digital asset investing, HODLing and trading has reached a new, higher plateau of legitimacy. Recent announcements of large-block institutional investments, the Office of the Comptroller of the Currency (OCC)’s recent stablecoin announcement, and the ascent of CBDC projects globally, have made it clear that institutional adoption of digital currencies in some form is inevitable. Plus, the bitcoin and overall cryptocurrency trading market is flush....
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While Bitcoin represents a great currency for trading, there aren’t too many platforms that accept the digital currency as market trading collateral. A newly-formed company known by the name of First Global Credit Private Trading Group is aiming to change this. According to recent reports, the company has begun a search for capable traders. Those who wish to get access to a professional grade currency and stock trading account, which will be part-subsidized by the company, will have to submit an application. Traders do not require any particular training or studies, but to join the....
Phemex, the fastest cryptocurrency exchange, is calling global crypto traders for another contest – The Phemex Trader’s Arena. Here’s how Phemex is combining eSports-like team tournaments with high-speed cryptocurrency trading for an exciting and unprecedented trading challenge with up to $2 million in prizes. The Phemex Trader’s Arena: What You Need To Know Phemex is home to some of the world’s best traders who seek unrivaled cryptocurrency trading speeds. Folks demanding such high levels of […]
A Dubai-based crypto exchange is launching a revolutionary Copy Trading platform. Copy Trading is a mutually beneficial relationship for both amateur and professional traders. The platform will allow new traders to copy and trade like professionals are bringing even more innovation to the space. When it comes to trading, having the right information is always the difference between making a profit and a loss. With Billium, amateur traders are assured of always getting real-time updates from their preferred professional traders. Not only does Billium plan to shake up the Copy Trading world,....
Leading crypto exchange Phemex will launch a new edition of their Phemex Traders Arena. After a huge success in the previous year, everyone has been invited to join this crypto contract trading competition to have a shot at winning a slice of $750,000 worth of Bitcoin (BTC). Called the PT Arena 3: Race For Glory, […]
As bitcoin becomes legitimized in the world of traditional finance, there are still some barriers keeping professional traders out.