Did you know that many forex brokers will let you use Bitcoin to fund your trading account? Here is our list of the top brokers with Bitcoin payment methods.
Features | Broker Reviews | Visit | |
 | * CMA regulated * 1:1000 leverage | ||
 | * CMA regulated * 1:500 leverage * $200 min. deposit * 1000+ instruments | ||
 | * 1:1000 leverage * 950+ instruments * Copy trading | ||
 | * 1:1000 leverage | ||
 | * 1:500 leverage | ||
 | * 1:500 leverage | ||
 | * 1:500 leverage | ||
 | *1:500 leverage | ||
 | * Cryptotrading | ||
 | * Low min. deposit | ||
 | * 1:500 leverage * 300+ instruments * Low min. deposit | ||
 | * 1:1000 leverage | ||
 | * 1:1000 leverage | ||
 | * 1:500 leverage * 800+ instruments * African broker | ||
 | * 1:1000 leverage |
How Do Bitcoin Deposits Work?
As you may know, Bitcoin transactions require the use of wallets. Bitcoin owners use these wallets to transfer money to each other. Therefore, in order to fund their account, forex traders must transfer Bitcoin from their wallet to the forex broker’s wallet. In the same way, in order for brokers to process withdrawals, forex brokers must transfer Bitcoin from their wallet to the trader’s wallet.
Why Use Bitcoin As Your Deposit Method?
- Highly Secure – Bitcoin is a great option for traders who care about fund safety. It is one of the most secure non-fiat currency options. This is because all the transactions go through certain confirmatory processes before approval.
- Fast Transactions – Bitcoin is also a great option for traders who want a fast, convenient payment method. Creating a Bitcoin wallet is easy. Making a Bitcoin transfer is also easy, and transactions only take a few minutes.
- Long-Term Value – Bitcoin will likely increase in value over time. That means, if you withdraw your profits in Bitcoin, then the value of your profits will likely increase over time too and you will make money from selling your Bitcoin in the future.