Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, May 26 2021 - 20:32
AsiaNet
easyMarkets Launches uBTC Account
LIMASSOL, Cyprus, May 26, 2021 /PRNewswire-AsiaNet/ --

    easyMarkets is very excited to announce the launch of an account that 
allows its traders to deposit, trade and withdraw in Bitcoin. 

   easyMarkets' new iBTC account gives its clients the ability to trade any of 
the 200+ instruments – directly, without the need to exchange their Bitcoin for 
FIAT currencies – in a quick and easy way based on the blockchain. The new 
account automatically creates a Bitcoin wallet address for ease of use, 
convenience, and efficiency, ensuring that the clients can react quickly to 
protect themselves during volatility and seize opportunity when it presents 
itself.

   easyMarkets iBTC account features all of the innovative tools, protections 
and competitive conditions its other base currency accounts offer, including:

   - Some of the tightest fixed spreads in the industry on shares, 
cryptocurrencies, commodities, metals, options and currencies. 
    - No Slippage on easyMarkets platform & App – a powerful benefit when one 
is trading highly mobile instruments like cryptocurrencies. 
    - Negative Balance Protection 
    - Free & Guaranteed Stop Loss & Take Profit on easyMarkets Platform & App 
Available on MT4 too, for experienced users

    On 17th May 2021, CMO Ohad Golan said about the new account:
   
   "We are excited about offering our traders the ability to deposit, withdraw 
and trade with their Bitcoin funds. As Bitcoin approached the critical 1 
trillion dollar market cap level, more and more people bought into the 
impressive rally, including our clients. With their funds in Bitcoin though 
they aren't able to trade outside of an exchange until now. That is why this 
new type of account gives our clients even more freedom and choice when trading 
with easyMarkets. We are sure this will also be beneficial to our partners and 
affiliates by opening up new promotional and branding opportunities. 

   At the time of writing this release, Bitcoin has reached a market cap of 
$948.98B, 24hr volume of $100.62B and a staggering YTD growth of +69.58%. All 
other more "conventional" assets pale in comparison. And that is excactly why 
this new service we are offering is so exciting."

   easyMarkets iBTC account is available across all platforms easyMarkets 
offers; easyMarkets web and app platform and MT4. 

   Another benefit of depositing, withdrawing and trading with easyMarkets iBTC 
account is security. easyMarkets is regulated in multiple locations across the 
world from Europe to Australia, including being licenced by CySEC and ASIC, 
ensuring that all activities are performed in a transparent way that protects 
clients and their assets. 

   Signing up for easyMarkets new iBTC account is as simple as signing up for 
any other of its accounts. 

   - Create an easyMarkets account. 
   - During sign up select Microbitcoin as one's base currency 
   - Verify one's account and identity 
   - Fund one's iBTC account by scanning the provided QR code 

   Now, one can deposit and withdraw in BTC and trade any of the multiple asset 
classes easyMarkets offers.

   Bitcoin has been widely adopted as a trading instrument and virtual currency 
in recent years. easyMarkets joins the likes of PayPal, Auction house 
Southeby's, Amazon owned Twitch, Etsy and Xbox in accepting Bitcoin for 
services and transactions. And many companies such as Amazon, eBay, JP Morgan 
and Japanese mega eCommerce site Rakuten are looking into adopting Bitcoin as a 
form of payment. 

    Please note that one can only deposit and withdraw BTC with easyMarkets 
iBTC Account and can not exchange the funds to other FIAT currencies. All 
instruments traded on the platforms easyMarkets offers are CFDs, meaning one 
does not possess the underlying asset.
 

    Photo: 
https://mma.prnewswire.com/media/1518910/easyMarkets_Launches_Account.jpg 

    Source: easyMarkets