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easyMarkets Rolls out μBTC Account

2021-05-31 Brokersview


easyMarkets launches μBTC Account, which allows its traders to deposit, trade and withdraw in Bitcoin. The account is available across all easyMarkets platforms: web, app and MT4.

The new μBTC account gives clients the ability to trade any of easyMarkets 200+ instruments directly, without exchanging their Bitcoin for FIAT currencies – in a quick and easy way based on the blockchain.

The μBTC account’s features include:

  • Some of the tightest fixed spreads in the industry on shares, cryptocurrencies, commodities, metals, options and currencies.

  • No Slippage on easyMarkets platform & App – a powerful benefit when you are trading highly mobile instruments like cryptocurrencies.

  • Negative Balance Protection

  • Free & Guaranteed Stop Loss & Take Profit on easyMarkets Platform & App

  • Available on MT4 too, for experienced users!

“We are excited about offering our traders the ability to deposit, withdraw and trade with their Bitcoin funds. As Bitcoin approached the critical 1 trillion dollar market cap level, more and more people bought into the impressive rally, including our clients. With their funds in Bitcoin though they aren’t able to trade outside of an exchange until now. That is why this new type of account gives our clients even more freedom and choice when trading with easyMarkets. We are sure this will also be beneficial to our partners and affiliates by opening up new promotional and branding opportunities.

At the time of writing this release, Bitcoin has reached a market cap of $948.98B, 24hr volume of $100.62B and a staggering YTD growth of +69.58%. All other more “conventional” assets pale in comparison. And that is excactly why this new service we are offering is so exciting!” Ohad Golan, CMO of easyMarkets said on 17th May 2021.

Please note that you can only deposit and withdraw BTC with the μBTC Account, and can’t exchange your funds to other FIAT currencies. All instruments traded on the platforms easyMarkets offers are CFDs, meaning you do not possess the underlying asset.