Bitcoin CFD Weekend Trading - Bitcoin, What Is It

Bitcoin Weekend Trading | CFD Trading
Trade Bitcoin CFDs On The Weekend At These Brokers
Online BrokerWeekend Bitcoin CFD Trading PlatformsAbout
MT4, MT5, Web Trader, AvaTradeGO
Weekend Bitcoin CFD Trading Platforms
AvaTrade offers 24/7 Bitcoin CFD trading on MT4, MT5, its user friendly Web Trader and on the AvaTradeGO app
About
MT4, MT5, TradingView, easyMarkets Platform
Weekend Bitcoin CFD Trading Platforms
easyMarkets provides 24/7 Bitcoin CFD trading on its user friendly easyMarkets Platform, MT4 and TradingView, with fixed spreads and on MT5 with variable spreads
About
Plus500 CFD Platform
Weekend Bitcoin CFD Trading Platforms
Plus500 provides Bitcoin Weekend CFD trading on its user friendly platform, with a 1 hour break on Sunday
About
MT5, Deriv X
Weekend Bitcoin CFD Trading Platforms
Deriv provides 24/7 Bitcoin CFD trading on MT5 and its user friendly Deriv X platform
About
MT4, MT5, cTrader, TradingView
Weekend Bitcoin CFD Trading Platforms
IC Markets offers 24/7 Bitcoin CFD trading on MT4, MT5, cTrader and TradingView
About

Bitcoin Weekend Trading - CFD Trading - What Is Bitcoin

Brokers which offer Bitcoin CFD trading may offer it in their normal trading hours of Sunday to Friday. However Bitcoin is traded on exchanges 24/7 and some CFD brokers also offer trading over the weekend. There will still normally be a short break in trading for maintenance. When trading a CFD, the trader does not own the underlying cryptocurrency asset, thus no wallet is needed, the trader can go long or short and may use leverage (increasing leverage increases risk and Bitcoin is extremely volatile).

Bitcoin is traded 24/7 on exchanges and some CFD brokers provide Bitcoin CFD trading on weekends as well as during the week

Trading with CFD brokers lets the trader use the online trading platforms provided by the brokers to trade their range of other CFDs. Thus platform such as web traders, apps, MT4 and MT5, if they are offered, can be used to trade Bitcoin CFDs 24/7. This means the trader can use the tools provided by these platforms, such as charts and technical indicators. As can be seen from the table, some brokers offer platforms which can be used to trade Bitcoin with automated trading strategies. Traders who want to trade Bitcoin without using robots can also use these platforms or a user friendly platform designed for the trader who makes their own trades, if offered by the broker.

Brokers With Bitcoin Weekend Trading - More Details
BrokerTrading PlatformsDescription
AvaTrade
Broker
MT4, MT5, Web Trader
BTC Trading Platforms
AvaTrade offers 24/7 trading of Bitcoin CFDs on MT4 and MT5 (allowing automated Bitcoin trading) and its user friendly web trader
Description
Plus500
Broker
Plus500 CFD Platform
BTC Trading Platforms
Plus500 offers weekend trading of Bitcoin CFDs on its user friendly, intuitive platform with 115+ technical indicators and fundamental analysis tools
Description
Deriv
Broker
MT5, Deriv X
BTC Trading Platforms
Deriv provides 24/7 trading of Bitcoin CFDs on MetaTrader 5 (allowing automated Bitcoin trading) and its user friendly, innovative Deriv X platform
Description
Trading 212
Broker
Trading 212 Platform
BTC Trading Platforms
Trading 212 offers weekend Bitcoin CFD trading on its user friendly platform
Description
Dukascopy Bank
Broker
MT4, MT5, JForex
BTC Trading Platforms
Dukascopy provides Bitcoin CFD weekend trading on its JForex platform, MT4 and MT5, with a wide range of indicators on JForex
Description
IC Markets
Broker
MT4, MT5, cTrader, TradingView
BTC Trading Platforms
IC Markets offers 24/7 trading of Bitcoin CFDs on MT4, MT5, cTrader and TradingView
Description
easyMarkets
Broker
MT4, MT5, TradingView, easyMarkets Platform
BTC Trading Platforms
easyMarkets offers 24/7 trading of Bitcoin CFDs on its user friendly platform, on MT4, MT5 and TradingView
Description

Bitcoin what is it ?

Bitcoin is an Internet based network used to make peer-to-peer payments in Bitcoin, a digital currency secured by cryptography known therefore as a cryptocurrency. When a payment is made from a Bitcoin wallet to another, it is processed on the Internet by miners. Miners compete using what is called a proof-of-work algorithm for the right to process a block of payment transactions.

When a block has been verified by the Bitcoin network it is added to all previous blocks, creating a linear list of linked transactions blocks called the blockchain. Miners receive a reward in the form of 'mined' Bitcoin. There is a limit on the total number of Bitcoins which can be created but this is designed so that Bitcoins can be mined for a long time, by reducing the number of Bitcoins which can be created, in stages over time.

Did you know - Bitcoin miners compete using a proof-of-work algorithm for the right to add transactions to the bitcoin blockchain

To ensure the immutability of this ledger of all Bitcoin transactions, a cryptographic technique called hashing is used. Hashing creates a digital signature of data in the blocks, which will change if data is altered. Thus it will be clear to the network if the data is altered anywhere on the transaction record. Therefore block after block can be added, without compromising the security of any part of the block.

The Internet was built to be durable using a distributed network architecture, and Bitcoin makes use of this architecture to help create and store its ledger. It should be noted that distributed payment processing systems using the Internet face issues which centralised payment processing systems do not face when scaling up to process increased numbers of transactions. Bitcoin, cryptocurrencies which forked from the Bitcoin blockchain, and other cryptocurrencies have been working to try and overcome these issues, for example with the Lightning Network layer which aims to allow fast transaction processing for Bitcoin and other Cryptos.

Bitcoin is traded on cryptocurrency exchanges under the symbol BTC. When trading a Bitcoin CFD, the trader does not trade on an exchange, rather trades with their CFD provider. In some regions, Bitcoin CFDs may be traded with higher leverage.