Bitcoin is a form of a digital information unit, commodity and used as currency, created in 2008, based mainly on a self-published paper by Satoshi Nakamoto. Bitcoin enables fast payments(and micropayments) at very low cost, and avoids the need for central banking.
when making payment with Bitcoins. You don’t need to verify your account by showing your ID or giving your personal information.
FXsimple a bitcoin derivative broker offers bitcoin binary options and leveraged bitcoin spread betting.
simple Fx is offerings 15 base account currencies, Up to 1:500 leverage, Anonymous Bitcoin account.No minimum deposits,60 currency pairs, Indices, commodities, precious metals, Spreads from 0.1, Trade 24/7/365.No dealing desk, No trade commission, Meta Trader 4
Without Bitcoin derivatives, merchants that accept bitcoins for payment commonly immediately sell the bitcoins they receive to eliminate their exposure to price volatility risks
BitCoin owners can use bitcoin derivatives trading in order to hedge against a sharp price decline. and investors who don’t own bitcoin can use this form of trading to enjoy flexible access to the to the bitcoin futures market