How to trade bitcoins?
Trading bitcoins is simple. For automated trading you can use bitcoinup To do so, you will need to open an account with one of the exchanges. With the rapid growth of the cryptocurrency market in the last two years, entering and trading bitcoins may seem a bit more expensive than trading micro-lots in the forex market.

Today, you can already forget about bitcoin mining. With a mid-level desktop computer, this deciphering process can take years to do the necessary calculations. Several companies make dedicated bitcoin mining computers. These specialized high-performance models start at around $2,500 and up.

Another popular solution for getting bitcoins is joining a mining pool. A mining pool consists of a group of people with bitcoin mining rigs that break down the work and are shared by the group. When a block is decrypted by the group, the resulting bitcoins are split according to the amount of work each individual unit has contributed to the mining process.

Opening an account on an exchange is by far the easiest and fastest way to start trading bitcoins. Once you open an account, you will need to fund your account in order to start trading bitcoin. Depending on the exchange or broker you open an account with, bitcoin can be traded just like other trading instruments on a special trading platform. You can even use MetaTrader 4, which should be familiar to most retail traders by now.

In addition to bitcoins, many exchanges offer traders the opportunity to trade other cryptocurrencies, such as Ethereum and Litecoin.