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One of them is low cost of sending and receiving funds. As far as the merchants are concerned, Bitcoin transactions are more secure and irreversible as it eliminates the fraud risk or fraudulent chargebacks. Further, Bitcoin offers a great deal of transparency through the use of the blockchain technology. The popular belief that Bitcoin is anonymous is not correct. Buying Bitcoins at an online exchange is the easiest way to acquire the digital currency. The three major Bitcoin exchanges are Bitstamp. Each of them has their own unique features and a different fee structure.

As a forex trader, BTC-E is your best bet. The exchange offers its own MetaTrader platform. When it comes to choosing a forex broker, you need to consider 10 critical factors outlined below. The best way of selecting a forex broker is to identify a few, say 3 to 4, and evaluate them on the basis of these 10 factors.

Now, if you are looking for forex brokers that offer Bitcoin trading, you must identify 3 to 4 such brokers and then evaluate them as mentioned above. This is very important factor to be considered when selecting a forex broker. This is to ensure that the broker is sufficiently capitalized, keeps your hard earned money in segregated accounts and makes us of fair dealing practices.

Best and most trusted forex brokers in April 2021

The broker must ensure a high level of data security as you will have to share personal information, financial data, passport and utility bill details, credit card number and bank account information when opening an account. You must ensure that the broker you are planning to work with is associated with a reputable firm that provides Internet security.

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You must also make sure that your broker has installed Secure Sockets Layer SSL encryption to prevent interception by the wrong parties when transferring data. This security feature if present makes hacking of your account difficult.

This is another aspect to be checked by you to ensure that the personal information collected by the broker would not be sold to others. Winner of over 45 Industry Awards. Please try again or proceed as a guest. Account Email:. First Name:. Last Name:. Phone Number:. I have read and accepted the privacy policy. Hello How can we help you today?

Discover the Best Forex Brokers Accepting Bitcoin Payments

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Bitcoin Forex Brokers - for Traders That Prefer Cryptocurrency Payments

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