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Topic: Why can't bitcoin be traded on forex exchanges? (Read 1805 times)

sr. member
Activity: 406
Merit: 250
I just saw a huge online forex exchange announce a few weeks ago they are accepting bitcoin.
Others would probably follow.
which one?

all rumours here no person giving link or any proofable news for these some bank and exchange thinking but where ?
member
Activity: 107
Merit: 10
I just saw a huge online forex exchange announce a few weeks ago they are accepting bitcoin.
Others would probably follow.
which one?
legendary
Activity: 1736
Merit: 1029
I just saw a huge online forex exchange announce a few weeks ago they are accepting bitcoin.
Others would probably follow.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
A friend of mine who is working in a big bank (as a trader Grin) told me BTC shows on his currency exchange panel but he can't trade it for the moment...
He also told me BTC is currently tested on some big exchange platform at the moment but can't be used for trading at the moment.

Which bank is it?
newbie
Activity: 52
Merit: 0
A friend of mine who is working in a big bank (as a trader Grin) told me BTC shows on his currency exchange panel but he can't trade it for the moment...
He also told me BTC is currently tested on some big exchange platform at the moment but can't be used for trading at the moment.
full member
Activity: 154
Merit: 100
They don't see it yet. For them it's just kids playing with virtual money. I believe they'll understand potential in this but it'll be too late.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
They only offer CFDs. You aren't trading actual BTC.

of course, but even on Forex you trade just bits and you can't take delivery of foreign currencies.
and maybe they hedge and are into the market for actual btc.
sr. member
Activity: 392
Merit: 250
As far as I know there are no forex exchanges that exchange bitcoin for fiat. Why is that? Are there laws preventing them from trading bitcoin?

People still sees Bitcoin as scam and drug. So only time will tell..
hero member
Activity: 700
Merit: 500

Quote
AvaTrade Now Becomes the Most Popular Bitcoin Trading Services Provider

Earlier this year, AvaTrade launched Bitcoin trading services for
traders and became one of the leading brokerage firms to provide the
services. AvaTrade, a pretty large brokerage firm, was welcomed by
traders from around the world as it was the first time that …


They only offer CFDs. You aren't trading actual BTC.

http://www.avatrade.com/trading-info/range-of-markets/bitcoin

"Trade Bitcoins CFDs at up to 5:1 leverage"
"Bitcoin market open 24 hours a day/5 days a week"
- lol. I bet that makes for some messy Mondays if people forget to close their trades.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
now there are these (i guess they are a good part of this price bubble). More will probably follow

Quote
AvaTrade Now Becomes the Most Popular Bitcoin Trading Services Provider

Earlier this year, AvaTrade launched Bitcoin trading services for
traders and became one of the leading brokerage firms to provide the
services. AvaTrade, a pretty large brokerage firm, was welcomed by
traders from around the world as it was the first time that …

http://www.virtual-strategy.com/2013/10/18/avatrade-now-becomes-most-popular-bitcoin-trading-services-provider

http://www.plus500.com/Instruments/BTCUSD
hero member
Activity: 700
Merit: 500
The market isn't big enough to be worth their time yet.
pa
hero member
Activity: 528
Merit: 501
As far as I know there are no forex exchanges that exchange bitcoin for fiat. Why is that? Are there laws preventing them from trading bitcoin?
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