Growing demand for Bitcoin and BTC-related products had been one of the main motivators behind easyMarkets’ decision to launch a brand-new account, putting the largest cryptocurrency in the world in the spotlight, and creating an environment where Bitcoin enthusiasts can use tokens as the primary account funding option.
With the µBTC Account from easyMarkets, traders no longer have to rely on fiat currencies and can use Bitcoin at their will, to trade across a broad range of instruments covered by the broker. With a long track record in the retail trading industry, this is one of the most trusted brands and by enabling the use of Bitcoin, it manages to gain an important competitive advantage against its rivals.
Alt-text: easyMarkets µBTC Account
easyMarkets takes a big leap forward
At a time when large financial institutions had been investing in Bitcoin, easyMarkets did its share of the work in contributing to a broad BTC adoption. Accepting crypto for deposit, withdrawal, and trade represents a sign of trust in the transition towards digital money. Regardless of where Bitcoin is headed, it has passed the test of time, although numerous critics said it won’t manage to survive.
Even though the µBTC Account is a new feature, traders will be using it the same as a traditional account, benefiting from a generous pack of features and tools.
µBTC Account – packed with features
easyMarkets µBTC Account features all the innovative tools, high security and competitive conditions like the other fiat-denominated accounts. When choosing to work with easyMarkets via this account type, traders can take advantage of tight fixed spreads for shares, cryptocurrencies, commodities, metals, options, and currency pairs.
The broker is offering proprietary software alongside MetaTrader, granting no slippage on the easyMarkets platform and app. Negative balance protection is ensured, as well as the popular risk management tools.
For experienced users, advocating for the use of MT4, the µBTC Account is also available. This new account creates a Bitcoin wallet address automatically, ensuring convenience, efficiency, and enabling customers to react quickly when there is a need to protect themselves due to high market volatility.
How traders can open a µBTC Account
At first glance, cryptocurrencies like Bitcoin might seem to be very complex, but with companies like easyMarkets, the process has been simplified. The account opening will be performed as usual, with the only difference being the selection of the account base currency. Traders will need to select Microbitcoin and then proceed with the same verification procedure.
A QR code will be provided, so traders can fund the account easily, able to start trading 200+ instruments without having to wait days in a row.
A new way to use Bitcoin?
The work done by easyMarkets shows that Bitcoin can be used in different ways. Companies like Coinbase have their own contribution, especially since now cryptocurrencies can be used in retirement plans. Gradually, Bitcoin and altcoins become regular assets, which should contribute not just to broader adoption, but also to higher standards in the industry and more stable prices.