Bitcoins vs. Ethereum - Which currency is better?
Competition is stimulating the business - as the initiators of Ethereum thought so, and have designed a digital currency that bumps into Bitcoin . For investors and investors, this can of course lead to a problem, because you should buy Bitcoins or Ethereum ? This question can not be answered so easily. In order to better assess what is more suitable, a comparison of digital currencies is recommended.
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Bitcoins vs. Ethereum - which currency is better?
Broker Comparison » Guides » Bitcoins Vs. Ethereum - which currency is better?
Bitcoins vs. Ethereum
Competition is stimulating the business - as the initiators of Ethereum thought so, and have designed a digital currency that bumps into Bitcoin . For investors and investors, this can of course lead to a problem, because you should buy Bitcoins or Ethereum ? This question can not be answered so easily. In order to better assess what is more suitable, a comparison of digital currencies is recommended.
Overview:
1. Bitcoin as a starter on the market
2. Buy Bitcoins or Ethereum - what is behind Ethereum?
3. Bitcoin Vs. Ethereum - the differences at a glance
4. The performance of Bitcoin Vs. Ethereum - a comparison
5. A question of view - why the rise of Ethereum is not in focus
6. Buying Bitcoin or Ethereum - is a comparison even possible?
7. Cryptocurrency - the risk remains
8. Conclusion - Coexistence is the magic word
OPEN ACCOUNT WITH THE BROKER ETORO
Bitcoin as a starter on the market
Trading with trading platformIt can not be denied that the bitcoins are still simply the favorite in the market. The digital currency was launched in 2008, making it the first digital currency to hit the market. Satoshi Nakamoto is behind the idea with the Bitcoins. The goal from the beginning was to work with an alternative to the traditional currencies on the market. The currencies are a thorn in the side of the fans of bitcoins, because they represent the power of the banks and the states. Would there ever be an alternative? The alternative was launched by Bitcoin . Anyone who has long wished for cryptocurrenciesto be able to fall back, he fulfilled a dream right at the beginning. He invested a few euros in bitcoins, filling his virtual account.
In the beginning hardly anyone was aware of how the bitcoins would really develop. Today, early investors are millionaires, or at least very wealthy, if they stick to it. If you want to get started with Bitcoin, you need a lot of capital. More and more investors are therefore looking for an alternative and meet Ethereum . Again, this is a digital currency that is in direct competition with bitcoins.
The functionality of Bitcoin
Although Bitcoin has become a household name that many people know, some investors are unaware of how it works. Bitcoin is made up of a monetary unit and a payment system. The monetary unit is meanwhile in the foreground, because in the first place is spoken in relation to Bitcoin of a digital currency. But also the payment system is interesting. Therefore, a detailed look at the system is worthwhile.
The system is based on a database called a blockchain. The blockchain can be seen as an overview of the transactions at Bitcoin. A peer-to-peer network is one of the most important foundations here. This means that computers participating in the network can connect to each other via a program. The network contains all transactions that take place via bitcoin. There is a constant updating of the system so that the transactions can be updated. In order for payments to be made through the system, users need software that works with a wallet. There are already very handy applications for the desktop that are easy to handle. The payments are then forwarded to addresses that are pseudonymous. These addresses are generated by the software and prevent one from identifying one's trading partner. This is spoken by a largely anonymous system. Largely because Bitcoin can not guarantee that transactions can not be traced back to one person.
Interestingly, there have been repeated reports that Bitcoin users had payments on their wallet that did not expect. In this case, finding the rightful owner is not that easy. If neither this nor the sender can be found, then the recipient can certainly keep the coins, as far as all efforts were made for an investigation.
The virtual monetary unit, also known as bitcoins, is mined to create new coins. This is a method of money creation. If you have coins, you need a virtual wallet. The wallets are protected by a cryptographic key. So the payments can be authorized. With the help of the keys you can prove that you own the bitcoins. A revelation of the keys is not necessary. However, they help protect your wallet and prevent it from being accessed from outside. Even an exchange of Bitcoin against other means of payment is quite possible. This creates an interest in the foreign exchange market.
Participants are involved in the generation of new bitcoins who have the necessary computer power and can also make these available. Every ten minutes, an amount of bitcoins is distributed to the participant who has managed to solve the code. This naturally creates a competition. Moreover, in this way, the market can not be overwhelmed with Bitcoins. So far there is even a limit to the top. So the network currently plans to bring no more than 21 million Bitcoin on the market. So inflation is not expected.
Buy Bitcoin or Ethereum - what's behind Ethereum?
Ethereum is also a cryptocurrency. The currency of Ethereum are the ethers. Although this is a much younger solution, Ethereum has already made a name for itself in the first two years after its founding. Not least thanks to Bitcoin, the interest in digital alternatives is huge. Already from the beginning stood Bitcoin vs. Ethereum in focus and currencies were compared. Ethereum was able to convince quickly that the decentralized platform works very well and ensures a safe transfer of money. However, this is also due to the fact that Ethereum should not necessarily be a cryptocurrency from the start, but above all as a platform for smart contracts.
A payment with Ethereum is quite possible. However, the platform also makes it possible to promote smart contracts. For this there are the Distributed Apps, which are also referred to as Dapps. They can help to make contract negotiation much easier and also manage it.
Vitalik Buterin came up with the idea for Ethereum after spending some time in the Bitcoin scene and making a name for himself. The system of bitcoins has fascinated him. However, he increasingly found that the digital currency still had potential for technical highlights. Bitcoin developers, however, were less open-minded about their ideas. Buterin decided to take the development of the new currency into her own hands. This is how Ethereum came into being.
Ethereum is enjoying increasing interest, and this is not just because the ethers are much cheaper and easier for newcomers to access. The possible returns are of course a factor that should not be despised. At Ethereum, a new record high is also expected in 2017, which is intended to flush investors' money into the coffers. Brunner is an analyst on the market and sees quite a chance here that Ether can reach a mark of $ 1,000.
Thus, Ethereum already differs significantly from the bitcoins. This is one of the reasons why a direct comparison can not necessarily be carried out. So buying Bitcoins or Ethereum is a question that can not be answered easily.
Broker Comparison - Find Cheapest Broker Online
Bitcoins vs. Ethereum - which currency is better?
Broker Comparison » Guides » Bitcoins Vs. Ethereum - which currency is better?
Bitcoins vs. Ethereum
Competition is stimulating the business - as the initiators of Ethereum thought so, and have designed a digital currency that bumps into Bitcoin . For investors and investors, this can of course lead to a problem, because you should buy Bitcoins or Ethereum ? This question can not be answered so easily. In order to better assess what is more suitable, a comparison of digital currencies is recommended.
Overview:
1. Bitcoin as a starter on the market
2. Buy Bitcoins or Ethereum - what is behind Ethereum?
3. Bitcoin Vs. Ethereum - the differences at a glance
4. The performance of Bitcoin Vs. Ethereum - a comparison
5. A question of view - why the rise of Ethereum is not in focus
6. Buying Bitcoin or Ethereum - is a comparison even possible?
7. Cryptocurrency - the risk remains
8. Conclusion - Coexistence is the magic word
OPEN ACCOUNT WITH THE BROKER ETORO
Bitcoin as a starter on the market
Trading with trading platformIt can not be denied that the bitcoins are still simply the favorite in the market. The digital currency was launched in 2008, making it the first digital currency to hit the market. Satoshi Nakamoto is behind the idea with the Bitcoins. The goal from the beginning was to work with an alternative to the traditional currencies on the market. The currencies are a thorn in the side of the fans of bitcoins, because they represent the power of the banks and the states. Would there ever be an alternative? The alternative was launched by Bitcoin . Anyone who has long wished for cryptocurrenciesto be able to fall back, he fulfilled a dream right at the beginning. He invested a few euros in bitcoins, filling his virtual account.
In the beginning hardly anyone was aware of how the bitcoins would really develop. Today, early investors are millionaires, or at least very wealthy, if they stick to it. If you want to get started with Bitcoin, you need a lot of capital. More and more investors are therefore looking for an alternative and meet Ethereum . Again, this is a digital currency that is in direct competition with bitcoins.
BTC, DASH, ETC, ETHEREUM, LTC and XRP at eToro
BTC, DASH , ETC, ETHEREUM, LTC and XRP at eToro
The functionality of Bitcoin
Although Bitcoin has become a household name that many people know, some investors are unaware of how it works. Bitcoin is made up of a monetary unit and a payment system. The monetary unit is meanwhile in the foreground, because in the first place is spoken in relation to Bitcoin of a digital currency. But also the payment system is interesting. Therefore, a detailed look at the system is worthwhile.
The system is based on a database called a blockchain. The blockchain can be seen as an overview of the transactions at Bitcoin. A peer-to-peer network is one of the most important foundations here. This means that computers participating in the network can connect to each other via a program. The network contains all transactions that take place via bitcoin. There is a constant updating of the system so that the transactions can be updated. In order for payments to be made through the system, users need software that works with a wallet. There are already very handy applications for the desktop that are easy to handle. The payments are then forwarded to addresses that are pseudonymous. These addresses are generated by the software and prevent one from identifying one's trading partner. This is spoken by a largely anonymous system. Largely because Bitcoin can not guarantee that transactions can not be traced back to one person.
Interestingly, there have been repeated reports that Bitcoin users had payments on their wallet that did not expect. In this case, finding the rightful owner is not that easy. If neither this nor the sender can be found, then the recipient can certainly keep the coins, as far as all efforts were made for an investigation.
The virtual monetary unit, also known as bitcoins, is mined to create new coins. This is a method of money creation. If you have coins, you need a virtual wallet. The wallets are protected by a cryptographic key. So the payments can be authorized. With the help of the keys you can prove that you own the bitcoins. A revelation of the keys is not necessary. However, they help protect your wallet and prevent it from being accessed from outside. Even an exchange of Bitcoin against other means of payment is quite possible. This creates an interest in the foreign exchange market.
Participants are involved in the generation of new bitcoins who have the necessary computer power and can also make these available. Every ten minutes, an amount of bitcoins is distributed to the participant who has managed to solve the code. This naturally creates a competition. Moreover, in this way, the market can not be overwhelmed with Bitcoins. So far there is even a limit to the top. So the network currently plans to bring no more than 21 million Bitcoin on the market. So inflation is not expected.
Trust in the world's leading social trading network - eToro
Trust in the world's leading social trading network - eToro
Buy Bitcoin or Ethereum - what's behind Ethereum?
Ethereum is also a cryptocurrency. The currency of Ethereum are the ethers. Although this is a much younger solution, Ethereum has already made a name for itself in the first two years after its founding. Not least thanks to Bitcoin, the interest in digital alternatives is huge. Already from the beginning stood Bitcoin vs. Ethereum in focus and currencies were compared. Ethereum was able to convince quickly that the decentralized platform works very well and ensures a safe transfer of money. However, this is also due to the fact that Ethereum should not necessarily be a cryptocurrency from the start, but above all as a platform for smart contracts.
A payment with Ethereum is quite possible. However, the platform also makes it possible to promote smart contracts. For this there are the Distributed Apps, which are also referred to as Dapps. They can help to make contract negotiation much easier and also manage it.
Vitalik Buterin came up with the idea for Ethereum after spending some time in the Bitcoin scene and making a name for himself. The system of bitcoins has fascinated him. However, he increasingly found that the digital currency still had potential for technical highlights. Bitcoin developers, however, were less open-minded about their ideas. Buterin decided to take the development of the new currency into her own hands. This is how Ethereum came into being.
Ethereum is enjoying increasing interest, and this is not just because the ethers are much cheaper and easier for newcomers to access. The possible returns are of course a factor that should not be despised. At Ethereum, a new record high is also expected in 2017, which is intended to flush investors' money into the coffers. Brunner is an analyst on the market and sees quite a chance here that Ether can reach a mark of $ 1,000.
Thus, Ethereum already differs significantly from the bitcoins. This is one of the reasons why a direct comparison can not necessarily be carried out. So buying Bitcoins or Ethereum is a question that can not be answered easily.
OPEN ACCOUNT WITH THE BROKER ETORO
Bitcoin vs. Ethereum - the differences at a glance
It is all the more important to take a close look at the differences. This works especially well with an overview:
Blockchain: The speed in the blockchain is an important factor. The blockchain creates new currency blocks and takes 10 minutes to complete in Bitcoin. In comparison, Ethereum's blockchain works within 10 seconds.
Transaction processing: The next point is processing the transactions. All transactions are handled on both digital currencies via the internet. This is to ensure a high level of security and speed. The transactions at Bitcoin are processed within a few minutes. At Ethereum, there are even just a few seconds. The speed is so much higher.
The purpose: As already briefly mentioned, the Bitcoins were created to act exclusively as an alternative to the common currencies. Ethereum had the idea of working with smart contracts right from the start. The variants for the digital payment is just another factor.
Note: Smart Contracts are used for various applications. For example, they come to the train when crowdfunding is operated or e-voting systems are to be used. However, the use of smart contracts has so far been manageable and has not really arrived, especially among private investors. The goal is to save fees and time. A good example of smart contracts is the reference to the payment of an invoice, which is actually collected by direct debit. So this direct debit is to be carried out after delivery of the service via ether tokens. The settlement can be carried out without a bank.
The performance of Bitcoin vs. Ethereum - a comparison
If you want to decide whether you want to buy bitcoins or ethereum, you will of course first and foremost take a look at the performance. That makes sense. Although it is often said that bitcoins have a very significant increase in 2017 in the day. But what about Ethereum? The stock market value in millions of dollars is a very good clue. In January 2017, this was at Bitcoin at a level of 15,491 million dollars. Ethereum had at that time a value of 698 million dollars. What about eight months later? A direct comparison between January and August shows that Bitcoin has risen to $ 71,084 million, Ethereum was at $ 32,192 million at that time. Now, however, the percentage increase must be seen for the comparison. Bitcoin sees an increase of around 359 percent. In less than a year, that's impressive. But at Ethereum, the increase is even at 4512 percent. Although the ethers are still in the shadow of bitcoins, more and more investors are becoming aware of them. This is not least due to the strong increase in value, which was evident in 2017 and seems to continue to go up. The ethers have ranked # 2 of the most valuable cryptocurrencies. Although the ethers are still in the shadow of bitcoins, more and more investors are becoming aware of them. This is not least due to the strong increase in value, which was evident in 2017 and seems to continue to go up. The ethers have ranked # 2 of the most valuable cryptocurrencies. Although the ethers are still in the shadow of bitcoins, more and more investors are becoming aware of them. This is not least due to the strong increase in value, which was evident in 2017 and seems to continue to go up. The ethers have ranked # 2 of the most valuable cryptocurrencies.
A question of perspective - why the rise of Ethereum is not in focus
The headlines are similar everywhere: bitcoins make an impressive climb. The 2017 trend refers primarily to the market leader, but the focus on Ethereum is lost. Already in May, however, it became clear that also Ethereum can show a high increase. The value was 24 times higher in May than in the beginning of the year. Ethereum has to bow to the competition and can not benefit from a good press. This is a pity, as investors may miss the chance to jump on a fast-moving train. Here is worth a closer look.
Ethereum has been on the market for a little over two years, Bitcoins will soon be around 10 years old. In other words, the well-known cryptocurrency had much more time to convince investors. She was able to calmly make the ascent and make it clear that banks should fear digital currencies. To what extent Ethereum would even exist without Bitcoins, is an open question. Still, it is a pity that the primary focus of the coverage is bitcoins. Investors who do not know whether to buy Bitcoins or Ethereum can therefore do a direct chart comparison.
In a comparison of the development, the time should also be put into relation, the two currencies are already in the market. This is the only way to create a complete overview from which a decision can be made. Especially the increasing interest of big companies in Ethereum is a factor that gives an indication that the currency can still stabilize. An observation of the market retroactively and up-to-date is the best basis for making your own decision.
Buy Bitcoin or Ethereum - is a comparison even possible?
Stop Loss TradingThe differences are clear and therefore the question arises as to whether Bitcoins and Ethereum can actually be compared. In fact, this is not so easy, because even if both variants is a digital currency, but different target groups are addressed. Bitcoin has now become a fairly stable currency, which is experiencing a very high increase in 2017 in particular. But Ethereum is also increasingly stabilizing itself in the market and therefore both platforms and investments can be interesting for investors.
However, investors are wondering where it is worth investing. A comparison can not be drawn in a straight line. Because the personal interests should be in the foreground. If you are looking for a good investment that can score with a high return, Bitcoin is good for you. However, if investors are interested in how the FinTech industry is developing and what alternatives there are to current payment options, then Ethereum may be the better choice. An interesting aspect of Ethereum is the fact that even large companies have a view of the system.
Many investors point out that Ethereum brings a lot of potential. Especially in the field of marketing for smart contracts the company is at the forefront. This is an innovation that should be kept in mind. The development opportunities are upwards.
The bitcoins, on the other hand, score with their strong position in the market. As an established brand, Bitcoin has no difficulty in leaving the competition behind. "Brand" is a name that can be taken up with regard to the digital currency. In the meantime, many people know what bitcoins mean - even if you are neither an investor nor a currency user.
Cryptocurrency - the risk remains
In a big comparison Bitcoins vs. Ethereum investors should not forget, however, that both variants are highly speculative investments, which can also bring very high losses. This is not just because the cryptocurrency keeps talking about a bubble that may burst. Also in terms of technology, the critics are getting louder. So it is the technology that makes the digital currency an alternative to the real currency. However, the technical requirements are almost not sufficient to be able to carry out the amount of transactions quickly. This may result in users being otherwise oriented and the value of the currencies falling.
Conclusion - Coexistence is the magic word
In fact, it's hard to beat Bitcoins vs. Ethereum to speak, because at second glance shows that this is not necessarily competitors. Competitors occupy the same platform and this is not the case with these two providers. While Bitcoin acts solely as a digital currency, Ethereum is a program that moves more toward smart contracts. As an investment option, both variants are available and both have different advantages and disadvantages. In order to make a comparison, a detailed analysis is possible, which can provide information about the potential and the expected development. It may also be good to invest in both currencies and spread the risk this way.
Swissquote Review: Bitcoin and 80 other currency pairs
Broker Comparison » Crypto Broker » Swissquote Field Report: Bitcoin and 80 other currency pairs
General information about companies and regulation
Swissquote Review: Bitcoin and 80 more currency pairs Test result
Swissquote is a Swiss online bank. However, German traders who wish to trade in the renowned company with Bitcoin or other underlyings, do so for legal reasons not directly with the Swiss company , but with the English subsidiary Swissquote Limited, which is regulated in Great Britain by the Financial Conduct Authority (FCA) and is bound by strict regulations to protect traders.
Among the over 80 Forex pairs offered are two Bitcoin CFDs . These can be traded via the MetaTrader 4 or the MetaTrader 5 according to the market maker model. There is no minimum deposit required to open a trading account, so the provider is also suitable for clients who only want to invest a relatively small amount of money. First Swissquote can be tested with a demo account for 30 days without obligation. For this the broker provides a virtual credit , with which all functions of the trading platforms under realistic conditions can be used.
Advantages and disadvantages in the Swissquote valuation
Per
Regulation by the British regulator FCA and registration with the German BaFinTrading via MetaTrader 4 or 5No minimum deposit requiredGerman speaking customer serviceDemo account availableDaily updated expert analyzesTutorials and webinars in German
Contra
Market maker
The most important facts at a glance:
Seat and regulation England (London), regulation by the FCA
Minimum deposit No minimum deposit required
German support Yes
Webinars, introduction Tutorials and webinars in German
demo account Yes, it can also be opened without full registration
Offered cryptocurrencies Bitcoin (BTC / USD and BTC / EUR)
1-click trading Yes
Commission No
Platform / Mobile Trading MT4 and MT5 as Download, WebTrader and App
Spread Bitcoin Variable
Maximum leverage (cryptocurrencies) 1: 1
hedging Yes, allowed
Others Swissquote has announced that it will soon be adding more cryptocurrencies to the offering
Overview:
1. Trading conditions and minimum deposit: Trading without minimum deposit
2. Trading offer : Bitcoin trading against Euro or US $
3. Demo account: Without complete registration available
4. Expansion of the offer: Further crypto currencies are planned
5. Trading platforms: MetaTrader 4 and 5 for PC and on the way
6. Step by Step to the account at Swissquote: registration and account opening
7. Support and Education: Customer Service and Trader Training in German
8. 3 Tips for the right deposit: What to pay attention to?
9. Swissquote in the trade press: This is how experts judge the broker
10. Our Swissquote review: The summary
CONTINUE TO SWISSQUOTE
1.) Trading conditions and minimum deposit: trading without minimum deposit
Cost of tradingAs with the other currency pairs, the spreads in bitcoin trading are calculated variably . A lever is not available for trade in cryptocurrencies at Swissquote, the Bitcoin is therefore only 1: 1 traded. Nevertheless, it is a CFD , the cryptocurrency is therefore not physically acquired, but it is speculated on the course course . Therefore, customers do not need a corresponding wallet.
Since no minimum deposit is required to open an account at Swissquote , customers can already participate in Bitcoin trading and other underlyings with little capital. As part of good risk management , it is recommended that you divide the deposited balance into multiple trades .
Swissquote is a market maker who takes the direct opposite position to the trades of its clients. In order to avoid conflicts of interest, the trades of all customers are aggregated internally and the overhanging net positions are hedged . Thus, the merit of the broker is independent of the trading results of its clients and amounts exclusively to the fees charged in trading .
Bitcoins are traded on Swissquote without a lever. Due to the high volatility of this cryptocurrency, effective results can still be achieved. A Bitcoin wallet is not needed as customers speculate on the price history and do not purchase the crypto currency themselves. A minimum deposit is not required at Swissquote, but it is advisable to deposit sufficient funds to open multiple positions.
2.) Trade offer: Bitcoin trade against Euro or US Dollar
The broker Swissquote offers the following CFDs in cryptocurrencies:
BTC / USDBTC / EUR
At Swissquote, customers are speculating on the performance of the crypto currency Bitcoin . In this case, can take both long and short positions are opened. Cryptocurrency trading takes place through the client's regular trading account , where the two currency pairs can be activated with just a few clicks , making them available for trading.
Swissquote crypto experiences from Brokervergleich.net
Very easy to buy and sell bitcoins at Swissquote
Swissquote offers trading in Bitcoin. The cryptocurrency is not acquired on an e-wallet, but it is speculated on the course, which also short positions are possible.
3.) Demo account: Available without complete registration
Trader interested in Swissquote has experience with the crypto currency Bitcoin , the trading platforms of MetaTrader and the conditions , the broker offers a demo account . To open this, no full registration is required. Few details, including the e-mail address , are sufficient. The Swissquote demo account can be used for 30 days and then closed automatically. For registered customers of the broker unlimited use of the demo account is possible. For example, new strategies can be tested with virtual creditand be optimized before they are also applied to the live account. In combination with the training offer, the demo account can be used for training, whereby the users themselves can determine whether the newly acquired knowledge can already be safely used in practice or must first be further developed.
Even without a complete registration, the Swissquote demo account can be opened and used for 30 days. Already registered customers, the demo account is even available without time limit. Trading takes place with a virtual credit, which Swissquote makes available.
CONTINUE TO SWISSQUOTE
4.) Extension of the offer: Further crypto currencies are planned
Swissquote has responded to the increased interest of traders in the cryptocurrency Bitcoin through the introduction of the BTC / USD and BTC / EUR currency pairs . On its website, the broker announces that the Underlying Catalog will be expanded again in the near future . Mention is made of the crypto currencies Litecoin and Etherum , but so far it is not known which additional underlyings are planned and when they will be included in the offer. For traders, the additional crypto currencies mean even greater flexibility and the opportunity to also completely on trade with the decentralized currencies when needed specialize,
Swissquote will soon be adding more cryptocurrencies to its offering. Whether it is the currencies already mentioned on the website Litecoin and Etherum or whether other crypto currencies will be available, is not yet known.
5.) Trading platforms: MetaTrader 4 and 5 for PC and on the go
The following trading platforms are offered at Swissquote:
MetaTrader 4 and 5 for PCMetaTrader 4 and 5 as WebTraderMetaTrader 4 and 5 as an app for iOSMetaTrader 4 and 5 as an app for Android
Trading with trading platformSwissquote's customers can decide for themselves whether they want to trade bitcoins via the well-known MetaTrader 4 trading platform already known by many other brokers, or whether they prefer the newer MetaTrader 5 .
The software can either be downloaded and installed or used directly online with WebTrader . On the way, customers can also access their trading account with their mobile phone or tablet, thereby reacting to a change in the market situation at any time.
The automated trading is possible on both platforms. Customers can use thousands of Expert Advisors or create their own trading robots and backtest them for effectiveness.
With many analysis and ordering features , both versions of MetaTrader give professional traders the power they expect from a good broker. The positions can be opened or closed very quickly by one-click-tradig . Here, the order takes place directly from the charts , of which up to 4 pieces can be opened simultaneously and arranged side by side on the screen.
Swissquote App
At Swissquote, trading is also possible via smartphone app
Copy trading is also offered at Swissquote. With MetaTrader, customers can view the profiles of hundreds of other traders and automatically copy their transactions . Of course, all positions automatically opened in social trading can be closed manually if desired.
Both trading platforms can be tested via a demo account without obligation, so prospective customers can test for themselves which version better suits their individual requirements . For unregistered customers, the Swissquote demo account is available for 30 days , after the opening of a live account, it can be used for an unlimited period of time and can be used, for example, to train new methods .
With the trading platforms MetaTrader 4 and MetaTrader 5, Swissquote also offers discerning traders good trading conditions. The user interface can be individually adapted to the preferences of the user and their chosen strategy and there are a variety of functions available. Both platforms are also available as a demo account, allowing traders to conduct their own Swissquote test with virtual funds under realistic conditions.
CONTINUE TO SWISSQUOTE
6.) Step by step to the Swissquote account: registration and account opening
The account opening Swissquote is done online and does not differ significantly from the approach to other major online brokers.
Customers fill out an online form containing questions about their personal details , past trading experience and financial circumstances . This is then sent via the website to the broker, who confirms the account opening by e-mail . By clicking on the link contained in the mail, Swissquote's new customers can close the account and then capitalize the trading account . A minimum deposit is not required , which is why trading in Bitcoin CFDs and other underlyings is also possible for traders who do not invest much capital want.
For legal reasons, verification is required after account opening . This must be done at the latest before the first payment , can take place online and takes only a few minutes. Customers will need their identity card or passport and a document stating the trader's address (for example, a utility bill or bank statement).
Interested traders who want to get to know Swissquote with a demo account do not have to complete a full registration in order to open it. Here are few details, so that users can act after a minute with the virtual credit.
Swissquote account opening
Just a few steps to the Swissquote account
The account opening requires information on personal details, financial circumstances and previous experience as a trader. In addition, customers must verify themselves with their identity card. As a result, Swissquote wants to prevent fraud by providing false information and complies with the statutory provisions.
7.) Support and Education: Customer Service and Trader Training in German
Swissquote offers a customer service in German , which can be reached free of charge by mail, phone or chat . In addition, there is a FAQ section in which the most frequently asked questions are listed and answered. The FAQ section is divided into several categories so that users can quickly find the topics they are looking for. There is also a separate category for trading with Bitcoin .
In education, there is a good selection of tutorials that allow clients to learn how to operate the trading platform and learn basic skills without any prior knowledge . In addition, webinars are offered on a regular basis, in which successful traders and financial experts talk on various topics and the participants can actively participate in the chat with questions or comments.
With daily updated reports and analyzes , Swissquote ensures that customers are always well informed about the current market situation and have access to various expert opinions. So they can use even more information to make informed trading decisions.
Swissquote's support can be contacted in German and webinars are also available in German. The additional offer includes not only an extensive education area but also a section with expert analyzes and current reports from the financial world.
CONTINUE TO SWISSQUOTE
8.) 3 Tips for Proper Deposit: What to Consider?
Important Trading TipsTip 1
Before the traders make a deposit with Swissquote, they should calculate how much credit they need for trading. Although the broker does not provide his customers with a minimum deposit , good risk management and effective trading should make it possible to spread the deposited credit over several positions . Depending on which trading volume is planned per position, the traders should deposit a sufficiently high amount. Customers who only want to invest a small amount of money should trade with a small volume per trade in order to be able to open more positions accordingly .
Tip 2
Deposits are possible with Swissquote by bank transfer or credit card . The broker itself does not charge any fees , but it may be that costs incurred by the customer's bank . If you want to save on fees and if you want to consciously choose a method without fees , you should inform your bank in advance.
Tip 3
Depending on the chosen payment method, it takes different amounts of time until the deposited amount is credited to the customer's trading account . The transfer may take one or even several days , but this is not due to Swissquote, but to the processing banks. The broker himself usually processes incoming and outgoing payments quickly. If you want to start trading directly after the deposit, you should pay with your credit card . Here, prepaid funds are usually readily available and can be used to trade Bitcoin CFDs and other financial products.
Swissquote benefits
Only a few of the many strengths of Swissquote at a glance
Deposits and withdrawals can be made at Swissquote by bank transfer or credit card, whereby a deposit by credit card is credited to the account much faster. A minimum deposit is not required and the broker will charge no fees for the transactions.
9.) Swissquote in the trade press: This is how experts judge the broker
Trade warrantsSwissquote has a very good reputation in the industry . The parent company of the English broker Swissquote Limited is the renowned Swissquote Bank , which was named "Best Bank for Online Trading" at the Forex Investment Summit . The large selection of underlyings, the sophisticated trading platforms and the trustworthy regulatory environment ensure that Swissquote is rated positively in forex broker comparisons . If the broker now extends its offer of cryptocurrencies as planned, Swissquote could soon be among the most sought-after providers in this area as well .
The broker is regarded as reliable and was judged by his achievements on several on-line portals with good grades. In the near future an extension of the offer with the crypto currencies is to take place, which should provide for further good Swissquote evaluations of the specialized press.
CONTINUE TO SWISSQUOTE
10.) Our Swissquote review: The summary
Swissquote currently offers the BTC / USD and BTC / EUR currency pairs , but plans to expand the range of cryptocurrencies . A trading account can be opened without minimum deposit and capitalized by bank transfer or credit card free of charge. A lever can not use the customer when trading crypto currencies. Although the Bitcoin is thus traded 1: 1 , it is still a CFD . The cryptocurrency is thus not physically acquired, so speculation can be made not only on rising but also on falling prices .
In addition to the actual trading Swissquote offers various additional services . By participating in the regular webinars , customers can expand their knowledge and learn additional trading skills . Less experienced traders will also be provided with easy-to-understand video tutorials on the basics of Forex and CFD trading.
Additional information is provided to visitors to the website through daily market reports and expert analysis .
Swissquote is regulated by the British Financial Conduct Authority (FCA) , which places high demands on the broker and strictly controls it . This provides for extensive customer protection and traders need not worry about the security of their funds, which are managed on separate trust accounts and are also hedged through the FSCS Deposit Guarantee Fund .
The demo account offers a complete insight into the services of Swissquote without registration . With virtual credit, potential customers can test trading for 30 days without obligation . For holders of a trading account , the demo account is permanently available and, for example, can be used regularly for training purposes.
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Bitcoins vs. Ethereum - which currency is better?
Broker Comparison » Guides » Bitcoins Vs. Ethereum - which currency is better?
Bitcoins vs. Ethereum
Competition is stimulating the business - as the initiators of Ethereum thought so, and have designed a digital currency that bumps into Bitcoin . For investors and investors, this can of course lead to a problem, because you should buy Bitcoins or Ethereum ? This question can not be answered so easily. In order to better assess what is more suitable, a comparison of digital currencies is recommended.
Overview:
1. Bitcoin as a starter on the market
2. Buy Bitcoins or Ethereum - what is behind Ethereum?
3. Bitcoin Vs. Ethereum - the differences at a glance
4. The performance of Bitcoin Vs. Ethereum - a comparison
5. A question of view - why the rise of Ethereum is not in focus
6. Buying Bitcoin or Ethereum - is a comparison even possible?
7. Cryptocurrency - the risk remains
8. Conclusion - Coexistence is the magic word
OPEN ACCOUNT WITH THE BROKER ETORO
Bitcoin as a starter on the market
Trading with trading platformIt can not be denied that the bitcoins are still simply the favorite in the market. The digital currency was launched in 2008, making it the first digital currency to hit the market. Satoshi Nakamoto is behind the idea with the Bitcoins. The goal from the beginning was to work with an alternative to the traditional currencies on the market. The currencies are a thorn in the side of the fans of bitcoins, because they represent the power of the banks and the states. Would there ever be an alternative? The alternative was launched by Bitcoin . Anyone who has long wished for cryptocurrenciesto be able to fall back, he fulfilled a dream right at the beginning. He invested a few euros in bitcoins, filling his virtual account.
In the beginning hardly anyone was aware of how the bitcoins would really develop. Today, early investors are millionaires, or at least very wealthy, if they stick to it. If you want to get started with Bitcoin, you need a lot of capital. More and more investors are therefore looking for an alternative and meet Ethereum . Again, this is a digital currency that is in direct competition with bitcoins.
The functionality of Bitcoin
Although Bitcoin has become a household name that many people know, some investors are unaware of how it works. Bitcoin is made up of a monetary unit and a payment system. The monetary unit is meanwhile in the foreground, because in the first place is spoken in relation to Bitcoin of a digital currency. But also the payment system is interesting. Therefore, a detailed look at the system is worthwhile.
The system is based on a database called a blockchain. The blockchain can be seen as an overview of the transactions at Bitcoin. A peer-to-peer network is one of the most important foundations here. This means that computers participating in the network can connect to each other via a program. The network contains all transactions that take place via bitcoin. There is a constant updating of the system so that the transactions can be updated. In order for payments to be made through the system, users need software that works with a wallet. There are already very handy applications for the desktop that are easy to handle. The payments are then forwarded to addresses that are pseudonymous. These addresses are generated by the software and prevent one from identifying one's trading partner. This is spoken by a largely anonymous system. Largely because Bitcoin can not guarantee that transactions can not be traced back to one person.
Interestingly, there have been repeated reports that Bitcoin users had payments on their wallet that did not expect. In this case, finding the rightful owner is not that easy. If neither this nor the sender can be found, then the recipient can certainly keep the coins, as far as all efforts were made for an investigation.
The virtual monetary unit, also known as bitcoins, is mined to create new coins. This is a method of money creation. If you have coins, you need a virtual wallet. The wallets are protected by a cryptographic key. So the payments can be authorized. With the help of the keys you can prove that you own the bitcoins. A revelation of the keys is not necessary. However, they help protect your wallet and prevent it from being accessed from outside. Even an exchange of Bitcoin against other means of payment is quite possible. This creates an interest in the foreign exchange market.
Participants are involved in the generation of new bitcoins who have the necessary computer power and can also make these available. Every ten minutes, an amount of bitcoins is distributed to the participant who has managed to solve the code. This naturally creates a competition. Moreover, in this way, the market can not be overwhelmed with Bitcoins. So far there is even a limit to the top. So the network currently plans to bring no more than 21 million Bitcoin on the market. So inflation is not expected.
Buy Bitcoin or Ethereum - what's behind Ethereum?
Ethereum is also a cryptocurrency. The currency of Ethereum are the ethers. Although this is a much younger solution, Ethereum has already made a name for itself in the first two years after its founding. Not least thanks to Bitcoin, the interest in digital alternatives is huge. Already from the beginning stood Bitcoin vs. Ethereum in focus and currencies were compared. Ethereum was able to convince quickly that the decentralized platform works very well and ensures a safe transfer of money. However, this is also due to the fact that Ethereum should not necessarily be a cryptocurrency from the start, but above all as a platform for smart contracts.
A payment with Ethereum is quite possible. However, the platform also makes it possible to promote smart contracts. For this there are the Distributed Apps, which are also referred to as Dapps. They can help to make contract negotiation much easier and also manage it.
Vitalik Buterin came up with the idea for Ethereum after spending some time in the Bitcoin scene and making a name for himself. The system of bitcoins has fascinated him. However, he increasingly found that the digital currency still had potential for technical highlights. Bitcoin developers, however, were less open-minded about their ideas. Buterin decided to take the development of the new currency into her own hands. This is how Ethereum came into being.
Ethereum is enjoying increasing interest, and this is not just because the ethers are much cheaper and easier for newcomers to access. The possible returns are of course a factor that should not be despised. At Ethereum, a new record high is also expected in 2017, which is intended to flush investors' money into the coffers. Brunner is an analyst on the market and sees quite a chance here that Ether can reach a mark of $ 1,000.
Thus, Ethereum already differs significantly from the bitcoins. This is one of the reasons why a direct comparison can not necessarily be carried out. So buying Bitcoins or Ethereum is a question that can not be answered easily.
Broker Comparison - Find Cheapest Broker Online
Bitcoins vs. Ethereum - which currency is better?
Broker Comparison » Guides » Bitcoins Vs. Ethereum - which currency is better?
Bitcoins vs. Ethereum
Competition is stimulating the business - as the initiators of Ethereum thought so, and have designed a digital currency that bumps into Bitcoin . For investors and investors, this can of course lead to a problem, because you should buy Bitcoins or Ethereum ? This question can not be answered so easily. In order to better assess what is more suitable, a comparison of digital currencies is recommended.
Overview:
1. Bitcoin as a starter on the market
2. Buy Bitcoins or Ethereum - what is behind Ethereum?
3. Bitcoin Vs. Ethereum - the differences at a glance
4. The performance of Bitcoin Vs. Ethereum - a comparison
5. A question of view - why the rise of Ethereum is not in focus
6. Buying Bitcoin or Ethereum - is a comparison even possible?
7. Cryptocurrency - the risk remains
8. Conclusion - Coexistence is the magic word
OPEN ACCOUNT WITH THE BROKER ETORO
Bitcoin as a starter on the market
Trading with trading platformIt can not be denied that the bitcoins are still simply the favorite in the market. The digital currency was launched in 2008, making it the first digital currency to hit the market. Satoshi Nakamoto is behind the idea with the Bitcoins. The goal from the beginning was to work with an alternative to the traditional currencies on the market. The currencies are a thorn in the side of the fans of bitcoins, because they represent the power of the banks and the states. Would there ever be an alternative? The alternative was launched by Bitcoin . Anyone who has long wished for cryptocurrenciesto be able to fall back, he fulfilled a dream right at the beginning. He invested a few euros in bitcoins, filling his virtual account.
In the beginning hardly anyone was aware of how the bitcoins would really develop. Today, early investors are millionaires, or at least very wealthy, if they stick to it. If you want to get started with Bitcoin, you need a lot of capital. More and more investors are therefore looking for an alternative and meet Ethereum . Again, this is a digital currency that is in direct competition with bitcoins.
BTC, DASH, ETC, ETHEREUM, LTC and XRP at eToro
BTC, DASH , ETC, ETHEREUM, LTC and XRP at eToro
The functionality of Bitcoin
Although Bitcoin has become a household name that many people know, some investors are unaware of how it works. Bitcoin is made up of a monetary unit and a payment system. The monetary unit is meanwhile in the foreground, because in the first place is spoken in relation to Bitcoin of a digital currency. But also the payment system is interesting. Therefore, a detailed look at the system is worthwhile.
The system is based on a database called a blockchain. The blockchain can be seen as an overview of the transactions at Bitcoin. A peer-to-peer network is one of the most important foundations here. This means that computers participating in the network can connect to each other via a program. The network contains all transactions that take place via bitcoin. There is a constant updating of the system so that the transactions can be updated. In order for payments to be made through the system, users need software that works with a wallet. There are already very handy applications for the desktop that are easy to handle. The payments are then forwarded to addresses that are pseudonymous. These addresses are generated by the software and prevent one from identifying one's trading partner. This is spoken by a largely anonymous system. Largely because Bitcoin can not guarantee that transactions can not be traced back to one person.
Interestingly, there have been repeated reports that Bitcoin users had payments on their wallet that did not expect. In this case, finding the rightful owner is not that easy. If neither this nor the sender can be found, then the recipient can certainly keep the coins, as far as all efforts were made for an investigation.
The virtual monetary unit, also known as bitcoins, is mined to create new coins. This is a method of money creation. If you have coins, you need a virtual wallet. The wallets are protected by a cryptographic key. So the payments can be authorized. With the help of the keys you can prove that you own the bitcoins. A revelation of the keys is not necessary. However, they help protect your wallet and prevent it from being accessed from outside. Even an exchange of Bitcoin against other means of payment is quite possible. This creates an interest in the foreign exchange market.
Participants are involved in the generation of new bitcoins who have the necessary computer power and can also make these available. Every ten minutes, an amount of bitcoins is distributed to the participant who has managed to solve the code. This naturally creates a competition. Moreover, in this way, the market can not be overwhelmed with Bitcoins. So far there is even a limit to the top. So the network currently plans to bring no more than 21 million Bitcoin on the market. So inflation is not expected.
Trust in the world's leading social trading network - eToro
Trust in the world's leading social trading network - eToro
Buy Bitcoin or Ethereum - what's behind Ethereum?
Ethereum is also a cryptocurrency. The currency of Ethereum are the ethers. Although this is a much younger solution, Ethereum has already made a name for itself in the first two years after its founding. Not least thanks to Bitcoin, the interest in digital alternatives is huge. Already from the beginning stood Bitcoin vs. Ethereum in focus and currencies were compared. Ethereum was able to convince quickly that the decentralized platform works very well and ensures a safe transfer of money. However, this is also due to the fact that Ethereum should not necessarily be a cryptocurrency from the start, but above all as a platform for smart contracts.
A payment with Ethereum is quite possible. However, the platform also makes it possible to promote smart contracts. For this there are the Distributed Apps, which are also referred to as Dapps. They can help to make contract negotiation much easier and also manage it.
Vitalik Buterin came up with the idea for Ethereum after spending some time in the Bitcoin scene and making a name for himself. The system of bitcoins has fascinated him. However, he increasingly found that the digital currency still had potential for technical highlights. Bitcoin developers, however, were less open-minded about their ideas. Buterin decided to take the development of the new currency into her own hands. This is how Ethereum came into being.
Ethereum is enjoying increasing interest, and this is not just because the ethers are much cheaper and easier for newcomers to access. The possible returns are of course a factor that should not be despised. At Ethereum, a new record high is also expected in 2017, which is intended to flush investors' money into the coffers. Brunner is an analyst on the market and sees quite a chance here that Ether can reach a mark of $ 1,000.
Thus, Ethereum already differs significantly from the bitcoins. This is one of the reasons why a direct comparison can not necessarily be carried out. So buying Bitcoins or Ethereum is a question that can not be answered easily.
OPEN ACCOUNT WITH THE BROKER ETORO
Bitcoin vs. Ethereum - the differences at a glance
It is all the more important to take a close look at the differences. This works especially well with an overview:
Blockchain: The speed in the blockchain is an important factor. The blockchain creates new currency blocks and takes 10 minutes to complete in Bitcoin. In comparison, Ethereum's blockchain works within 10 seconds.
Transaction processing: The next point is processing the transactions. All transactions are handled on both digital currencies via the internet. This is to ensure a high level of security and speed. The transactions at Bitcoin are processed within a few minutes. At Ethereum, there are even just a few seconds. The speed is so much higher.
The purpose: As already briefly mentioned, the Bitcoins were created to act exclusively as an alternative to the common currencies. Ethereum had the idea of working with smart contracts right from the start. The variants for the digital payment is just another factor.
Note: Smart Contracts are used for various applications. For example, they come to the train when crowdfunding is operated or e-voting systems are to be used. However, the use of smart contracts has so far been manageable and has not really arrived, especially among private investors. The goal is to save fees and time. A good example of smart contracts is the reference to the payment of an invoice, which is actually collected by direct debit. So this direct debit is to be carried out after delivery of the service via ether tokens. The settlement can be carried out without a bank.
The performance of Bitcoin vs. Ethereum - a comparison
If you want to decide whether you want to buy bitcoins or ethereum, you will of course first and foremost take a look at the performance. That makes sense. Although it is often said that bitcoins have a very significant increase in 2017 in the day. But what about Ethereum? The stock market value in millions of dollars is a very good clue. In January 2017, this was at Bitcoin at a level of 15,491 million dollars. Ethereum had at that time a value of 698 million dollars. What about eight months later? A direct comparison between January and August shows that Bitcoin has risen to $ 71,084 million, Ethereum was at $ 32,192 million at that time. Now, however, the percentage increase must be seen for the comparison. Bitcoin sees an increase of around 359 percent. In less than a year, that's impressive. But at Ethereum, the increase is even at 4512 percent. Although the ethers are still in the shadow of bitcoins, more and more investors are becoming aware of them. This is not least due to the strong increase in value, which was evident in 2017 and seems to continue to go up. The ethers have ranked # 2 of the most valuable cryptocurrencies. Although the ethers are still in the shadow of bitcoins, more and more investors are becoming aware of them. This is not least due to the strong increase in value, which was evident in 2017 and seems to continue to go up. The ethers have ranked # 2 of the most valuable cryptocurrencies. Although the ethers are still in the shadow of bitcoins, more and more investors are becoming aware of them. This is not least due to the strong increase in value, which was evident in 2017 and seems to continue to go up. The ethers have ranked # 2 of the most valuable cryptocurrencies.
A question of perspective - why the rise of Ethereum is not in focus
The headlines are similar everywhere: bitcoins make an impressive climb. The 2017 trend refers primarily to the market leader, but the focus on Ethereum is lost. Already in May, however, it became clear that also Ethereum can show a high increase. The value was 24 times higher in May than in the beginning of the year. Ethereum has to bow to the competition and can not benefit from a good press. This is a pity, as investors may miss the chance to jump on a fast-moving train. Here is worth a closer look.
Ethereum has been on the market for a little over two years, Bitcoins will soon be around 10 years old. In other words, the well-known cryptocurrency had much more time to convince investors. She was able to calmly make the ascent and make it clear that banks should fear digital currencies. To what extent Ethereum would even exist without Bitcoins, is an open question. Still, it is a pity that the primary focus of the coverage is bitcoins. Investors who do not know whether to buy Bitcoins or Ethereum can therefore do a direct chart comparison.
In a comparison of the development, the time should also be put into relation, the two currencies are already in the market. This is the only way to create a complete overview from which a decision can be made. Especially the increasing interest of big companies in Ethereum is a factor that gives an indication that the currency can still stabilize. An observation of the market retroactively and up-to-date is the best basis for making your own decision.
Buy Bitcoin or Ethereum - is a comparison even possible?
Stop Loss TradingThe differences are clear and therefore the question arises as to whether Bitcoins and Ethereum can actually be compared. In fact, this is not so easy, because even if both variants is a digital currency, but different target groups are addressed. Bitcoin has now become a fairly stable currency, which is experiencing a very high increase in 2017 in particular. But Ethereum is also increasingly stabilizing itself in the market and therefore both platforms and investments can be interesting for investors.
However, investors are wondering where it is worth investing. A comparison can not be drawn in a straight line. Because the personal interests should be in the foreground. If you are looking for a good investment that can score with a high return, Bitcoin is good for you. However, if investors are interested in how the FinTech industry is developing and what alternatives there are to current payment options, then Ethereum may be the better choice. An interesting aspect of Ethereum is the fact that even large companies have a view of the system.
Many investors point out that Ethereum brings a lot of potential. Especially in the field of marketing for smart contracts the company is at the forefront. This is an innovation that should be kept in mind. The development opportunities are upwards.
The bitcoins, on the other hand, score with their strong position in the market. As an established brand, Bitcoin has no difficulty in leaving the competition behind. "Brand" is a name that can be taken up with regard to the digital currency. In the meantime, many people know what bitcoins mean - even if you are neither an investor nor a currency user.
Cryptocurrency - the risk remains
In a big comparison Bitcoins vs. Ethereum investors should not forget, however, that both variants are highly speculative investments, which can also bring very high losses. This is not just because the cryptocurrency keeps talking about a bubble that may burst. Also in terms of technology, the critics are getting louder. So it is the technology that makes the digital currency an alternative to the real currency. However, the technical requirements are almost not sufficient to be able to carry out the amount of transactions quickly. This may result in users being otherwise oriented and the value of the currencies falling.
Conclusion - Coexistence is the magic word
In fact, it's hard to beat Bitcoins vs. Ethereum to speak, because at second glance shows that this is not necessarily competitors. Competitors occupy the same platform and this is not the case with these two providers. While Bitcoin acts solely as a digital currency, Ethereum is a program that moves more toward smart contracts. As an investment option, both variants are available and both have different advantages and disadvantages. In order to make a comparison, a detailed analysis is possible, which can provide information about the potential and the expected development. It may also be good to invest in both currencies and spread the risk this way.
Swissquote Review: Bitcoin and 80 other currency pairs
Broker Comparison » Crypto Broker » Swissquote Field Report: Bitcoin and 80 other currency pairs
General information about companies and regulation
Swissquote Review: Bitcoin and 80 more currency pairs Test result
Swissquote is a Swiss online bank. However, German traders who wish to trade in the renowned company with Bitcoin or other underlyings, do so for legal reasons not directly with the Swiss company , but with the English subsidiary Swissquote Limited, which is regulated in Great Britain by the Financial Conduct Authority (FCA) and is bound by strict regulations to protect traders.
Among the over 80 Forex pairs offered are two Bitcoin CFDs . These can be traded via the MetaTrader 4 or the MetaTrader 5 according to the market maker model. There is no minimum deposit required to open a trading account, so the provider is also suitable for clients who only want to invest a relatively small amount of money. First Swissquote can be tested with a demo account for 30 days without obligation. For this the broker provides a virtual credit , with which all functions of the trading platforms under realistic conditions can be used.
Advantages and disadvantages in the Swissquote valuation
Per
Regulation by the British regulator FCA and registration with the German BaFinTrading via MetaTrader 4 or 5No minimum deposit requiredGerman speaking customer serviceDemo account availableDaily updated expert analyzesTutorials and webinars in German
Contra
Market maker
The most important facts at a glance:
Seat and regulation England (London), regulation by the FCA
Minimum deposit No minimum deposit required
German support Yes
Webinars, introduction Tutorials and webinars in German
demo account Yes, it can also be opened without full registration
Offered cryptocurrencies Bitcoin (BTC / USD and BTC / EUR)
1-click trading Yes
Commission No
Platform / Mobile Trading MT4 and MT5 as Download, WebTrader and App
Spread Bitcoin Variable
Maximum leverage (cryptocurrencies) 1: 1
hedging Yes, allowed
Others Swissquote has announced that it will soon be adding more cryptocurrencies to the offering
Overview:
1. Trading conditions and minimum deposit: Trading without minimum deposit
2. Trading offer : Bitcoin trading against Euro or US $
3. Demo account: Without complete registration available
4. Expansion of the offer: Further crypto currencies are planned
5. Trading platforms: MetaTrader 4 and 5 for PC and on the way
6. Step by Step to the account at Swissquote: registration and account opening
7. Support and Education: Customer Service and Trader Training in German
8. 3 Tips for the right deposit: What to pay attention to?
9. Swissquote in the trade press: This is how experts judge the broker
10. Our Swissquote review: The summary
CONTINUE TO SWISSQUOTE
1.) Trading conditions and minimum deposit: trading without minimum deposit
Cost of tradingAs with the other currency pairs, the spreads in bitcoin trading are calculated variably . A lever is not available for trade in cryptocurrencies at Swissquote, the Bitcoin is therefore only 1: 1 traded. Nevertheless, it is a CFD , the cryptocurrency is therefore not physically acquired, but it is speculated on the course course . Therefore, customers do not need a corresponding wallet.
Since no minimum deposit is required to open an account at Swissquote , customers can already participate in Bitcoin trading and other underlyings with little capital. As part of good risk management , it is recommended that you divide the deposited balance into multiple trades .
Swissquote is a market maker who takes the direct opposite position to the trades of its clients. In order to avoid conflicts of interest, the trades of all customers are aggregated internally and the overhanging net positions are hedged . Thus, the merit of the broker is independent of the trading results of its clients and amounts exclusively to the fees charged in trading .
Bitcoins are traded on Swissquote without a lever. Due to the high volatility of this cryptocurrency, effective results can still be achieved. A Bitcoin wallet is not needed as customers speculate on the price history and do not purchase the crypto currency themselves. A minimum deposit is not required at Swissquote, but it is advisable to deposit sufficient funds to open multiple positions.
2.) Trade offer: Bitcoin trade against Euro or US Dollar
The broker Swissquote offers the following CFDs in cryptocurrencies:
BTC / USDBTC / EUR
At Swissquote, customers are speculating on the performance of the crypto currency Bitcoin . In this case, can take both long and short positions are opened. Cryptocurrency trading takes place through the client's regular trading account , where the two currency pairs can be activated with just a few clicks , making them available for trading.
Swissquote crypto experiences from Brokervergleich.net
Very easy to buy and sell bitcoins at Swissquote
Swissquote offers trading in Bitcoin. The cryptocurrency is not acquired on an e-wallet, but it is speculated on the course, which also short positions are possible.
3.) Demo account: Available without complete registration
Trader interested in Swissquote has experience with the crypto currency Bitcoin , the trading platforms of MetaTrader and the conditions , the broker offers a demo account . To open this, no full registration is required. Few details, including the e-mail address , are sufficient. The Swissquote demo account can be used for 30 days and then closed automatically. For registered customers of the broker unlimited use of the demo account is possible. For example, new strategies can be tested with virtual creditand be optimized before they are also applied to the live account. In combination with the training offer, the demo account can be used for training, whereby the users themselves can determine whether the newly acquired knowledge can already be safely used in practice or must first be further developed.
Even without a complete registration, the Swissquote demo account can be opened and used for 30 days. Already registered customers, the demo account is even available without time limit. Trading takes place with a virtual credit, which Swissquote makes available.
CONTINUE TO SWISSQUOTE
4.) Extension of the offer: Further crypto currencies are planned
Swissquote has responded to the increased interest of traders in the cryptocurrency Bitcoin through the introduction of the BTC / USD and BTC / EUR currency pairs . On its website, the broker announces that the Underlying Catalog will be expanded again in the near future . Mention is made of the crypto currencies Litecoin and Etherum , but so far it is not known which additional underlyings are planned and when they will be included in the offer. For traders, the additional crypto currencies mean even greater flexibility and the opportunity to also completely on trade with the decentralized currencies when needed specialize,
Swissquote will soon be adding more cryptocurrencies to its offering. Whether it is the currencies already mentioned on the website Litecoin and Etherum or whether other crypto currencies will be available, is not yet known.
5.) Trading platforms: MetaTrader 4 and 5 for PC and on the go
The following trading platforms are offered at Swissquote:
MetaTrader 4 and 5 for PCMetaTrader 4 and 5 as WebTraderMetaTrader 4 and 5 as an app for iOSMetaTrader 4 and 5 as an app for Android
Trading with trading platformSwissquote's customers can decide for themselves whether they want to trade bitcoins via the well-known MetaTrader 4 trading platform already known by many other brokers, or whether they prefer the newer MetaTrader 5 .
The software can either be downloaded and installed or used directly online with WebTrader . On the way, customers can also access their trading account with their mobile phone or tablet, thereby reacting to a change in the market situation at any time.
The automated trading is possible on both platforms. Customers can use thousands of Expert Advisors or create their own trading robots and backtest them for effectiveness.
With many analysis and ordering features , both versions of MetaTrader give professional traders the power they expect from a good broker. The positions can be opened or closed very quickly by one-click-tradig . Here, the order takes place directly from the charts , of which up to 4 pieces can be opened simultaneously and arranged side by side on the screen.
Swissquote App
At Swissquote, trading is also possible via smartphone app
Copy trading is also offered at Swissquote. With MetaTrader, customers can view the profiles of hundreds of other traders and automatically copy their transactions . Of course, all positions automatically opened in social trading can be closed manually if desired.
Both trading platforms can be tested via a demo account without obligation, so prospective customers can test for themselves which version better suits their individual requirements . For unregistered customers, the Swissquote demo account is available for 30 days , after the opening of a live account, it can be used for an unlimited period of time and can be used, for example, to train new methods .
With the trading platforms MetaTrader 4 and MetaTrader 5, Swissquote also offers discerning traders good trading conditions. The user interface can be individually adapted to the preferences of the user and their chosen strategy and there are a variety of functions available. Both platforms are also available as a demo account, allowing traders to conduct their own Swissquote test with virtual funds under realistic conditions.
CONTINUE TO SWISSQUOTE
6.) Step by step to the Swissquote account: registration and account opening
The account opening Swissquote is done online and does not differ significantly from the approach to other major online brokers.
Customers fill out an online form containing questions about their personal details , past trading experience and financial circumstances . This is then sent via the website to the broker, who confirms the account opening by e-mail . By clicking on the link contained in the mail, Swissquote's new customers can close the account and then capitalize the trading account . A minimum deposit is not required , which is why trading in Bitcoin CFDs and other underlyings is also possible for traders who do not invest much capital want.
For legal reasons, verification is required after account opening . This must be done at the latest before the first payment , can take place online and takes only a few minutes. Customers will need their identity card or passport and a document stating the trader's address (for example, a utility bill or bank statement).
Interested traders who want to get to know Swissquote with a demo account do not have to complete a full registration in order to open it. Here are few details, so that users can act after a minute with the virtual credit.
Swissquote account opening
Just a few steps to the Swissquote account
The account opening requires information on personal details, financial circumstances and previous experience as a trader. In addition, customers must verify themselves with their identity card. As a result, Swissquote wants to prevent fraud by providing false information and complies with the statutory provisions.
7.) Support and Education: Customer Service and Trader Training in German
Swissquote offers a customer service in German , which can be reached free of charge by mail, phone or chat . In addition, there is a FAQ section in which the most frequently asked questions are listed and answered. The FAQ section is divided into several categories so that users can quickly find the topics they are looking for. There is also a separate category for trading with Bitcoin .
In education, there is a good selection of tutorials that allow clients to learn how to operate the trading platform and learn basic skills without any prior knowledge . In addition, webinars are offered on a regular basis, in which successful traders and financial experts talk on various topics and the participants can actively participate in the chat with questions or comments.
With daily updated reports and analyzes , Swissquote ensures that customers are always well informed about the current market situation and have access to various expert opinions. So they can use even more information to make informed trading decisions.
Swissquote's support can be contacted in German and webinars are also available in German. The additional offer includes not only an extensive education area but also a section with expert analyzes and current reports from the financial world.
CONTINUE TO SWISSQUOTE
8.) 3 Tips for Proper Deposit: What to Consider?
Important Trading TipsTip 1
Before the traders make a deposit with Swissquote, they should calculate how much credit they need for trading. Although the broker does not provide his customers with a minimum deposit , good risk management and effective trading should make it possible to spread the deposited credit over several positions . Depending on which trading volume is planned per position, the traders should deposit a sufficiently high amount. Customers who only want to invest a small amount of money should trade with a small volume per trade in order to be able to open more positions accordingly .
Tip 2
Deposits are possible with Swissquote by bank transfer or credit card . The broker itself does not charge any fees , but it may be that costs incurred by the customer's bank . If you want to save on fees and if you want to consciously choose a method without fees , you should inform your bank in advance.
Tip 3
Depending on the chosen payment method, it takes different amounts of time until the deposited amount is credited to the customer's trading account . The transfer may take one or even several days , but this is not due to Swissquote, but to the processing banks. The broker himself usually processes incoming and outgoing payments quickly. If you want to start trading directly after the deposit, you should pay with your credit card . Here, prepaid funds are usually readily available and can be used to trade Bitcoin CFDs and other financial products.
Swissquote benefits
Only a few of the many strengths of Swissquote at a glance
Deposits and withdrawals can be made at Swissquote by bank transfer or credit card, whereby a deposit by credit card is credited to the account much faster. A minimum deposit is not required and the broker will charge no fees for the transactions.
9.) Swissquote in the trade press: This is how experts judge the broker
Trade warrantsSwissquote has a very good reputation in the industry . The parent company of the English broker Swissquote Limited is the renowned Swissquote Bank , which was named "Best Bank for Online Trading" at the Forex Investment Summit . The large selection of underlyings, the sophisticated trading platforms and the trustworthy regulatory environment ensure that Swissquote is rated positively in forex broker comparisons . If the broker now extends its offer of cryptocurrencies as planned, Swissquote could soon be among the most sought-after providers in this area as well .
The broker is regarded as reliable and was judged by his achievements on several on-line portals with good grades. In the near future an extension of the offer with the crypto currencies is to take place, which should provide for further good Swissquote evaluations of the specialized press.
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10.) Our Swissquote review: The summary
Swissquote currently offers the BTC / USD and BTC / EUR currency pairs , but plans to expand the range of cryptocurrencies . A trading account can be opened without minimum deposit and capitalized by bank transfer or credit card free of charge. A lever can not use the customer when trading crypto currencies. Although the Bitcoin is thus traded 1: 1 , it is still a CFD . The cryptocurrency is thus not physically acquired, so speculation can be made not only on rising but also on falling prices .
In addition to the actual trading Swissquote offers various additional services . By participating in the regular webinars , customers can expand their knowledge and learn additional trading skills . Less experienced traders will also be provided with easy-to-understand video tutorials on the basics of Forex and CFD trading.
Additional information is provided to visitors to the website through daily market reports and expert analysis .
Swissquote is regulated by the British Financial Conduct Authority (FCA) , which places high demands on the broker and strictly controls it . This provides for extensive customer protection and traders need not worry about the security of their funds, which are managed on separate trust accounts and are also hedged through the FSCS Deposit Guarantee Fund .
The demo account offers a complete insight into the services of Swissquote without registration . With virtual credit, potential customers can test trading for 30 days without obligation . For holders of a trading account , the demo account is permanently available and, for example, can be used regularly for training purposes.
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