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Topic: Anyone to help trading BTC on plus500 ? (Read 1258 times)

full member
Activity: 182
Merit: 100
August 02, 2013, 08:27:39 PM
#7
I believe that plus500 is using CFDs which means you aren't buying bitcoins but they are basically playing the part of the casino and allowing you to gamble on the bitcoin market. Unfortunately this kind of market is VERY EASILY manipulated, so I would proceed with extreme caution.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
July 30, 2013, 10:53:36 AM
#6
Oh I'm sorry, I was thinking of 796, ignore my comment, i'll remove it.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
July 30, 2013, 07:25:36 AM
#5
Not sure, but it they seem to promote themselves alot in this forum. I'd test it out first with small amounts.

Also note that your not buying/selling physical coins, but some form of a future.

Yea, it's a CFD it says.  Did they promote here?  I thought I saw some ads here but don't remember.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
July 30, 2013, 07:23:16 AM
#4
They just added BTC to their list and I want to use this platform (the leverage seems interesting even if dangerous) but would love detailed explanations on how to use it.

Dunno I wasn't able to make an account there.  Looks like it would be pretty straight-forward though.
sr. member
Activity: 476
Merit: 250
July 30, 2013, 04:25:45 AM
#3
Not sure, but it they seem to promote themselves alot in this forum. I'd test it out first with small amounts.

Also note that your not buying/selling physical coins, but some form of a future.

I understood the fact that I would'nt be buying physical coins. I will definitely test with small amounts (if I decide to test at all) but even then the leverage (and various fees) can hurt the wallet badly if not well understood, this is why i'm asking for some help and explanations.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
July 30, 2013, 04:11:39 AM
#2
Removed.
sr. member
Activity: 476
Merit: 250
July 30, 2013, 04:08:12 AM
#1
They just added BTC to their list and I want to use this platform (the leverage seems interesting even if dangerous) but would love detailed explanations on how to use it.
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