Are there any active Bitcoin leveraged trading platforms available?

5

For awhile Bitcoinica was a very popular leveraged trading service, but it got hacked and closed down. Are there any more services like that still functioning in the Bitcoin ecosystem?

ThePiachu

Posted 2012-10-03T06:35:19.703

Reputation: 42 235

Answers

3

MPEx operates MPOE for options trading. Though options are a financial derivative in what a smaller amount of funds is used to speculate on the price move in the valuation of a much larger amount. For example, BTC/USD options contracts costing 0.1 BTC could triple in value should the BTC/USD exchange rate move by a couple dollars, for instance. MPOE's options exercised are settled in cash (bitcoins). However, MPEx does offer margined trading (essentially a loan that can be used for trading).

ICBIT.se offers leveraged futures contract trading. It offers futures contracts for the BTC/USD exchange rate, for Gold and for Crude Oil (WTI). These are cash-settlement (in bitcoins). Leverage can be up to 10X.

There are various Forex shops which accept bitcoins as a method for adding funds and which also offer leverage.

Stephen Gornick

Posted 2012-10-03T06:35:19.703

Reputation: 26 454

1Just to be clear - bit4x and liteforex don't allow positions of BTC against other currencies, right? – Meni Rosenfeld – 2012-10-03T13:58:55.703

Also, CoinBr is MPEx online broker that currently supports buying, selling and exercising MPEx options.

– Juraj – 2012-10-16T22:48:11.567

3

https://icbit.se/ offers trading of futures instruments, in particular BTCUSD-12.12 (BUZ2) which enables leveraged BTC trading. However, user orders are matched only against other users (it does not utilize liquidity from larger exchanges such as Mt. Gox), and the way it works is not very intuitive.

Meni Rosenfeld

Posted 2012-10-03T06:35:19.703

Reputation: 19 132

3

BitFinex was built using the leaked Bitcoinica source code.

Stephen Gornick

Posted 2012-10-03T06:35:19.703

Reputation: 26 454

1You are kidding... is this true? – Pacerier – 2013-11-11T21:05:08.887

0

http://xcfd.com — gives bitcoin CFD with 1:5 leverage.

Ivan Kuznetsov

Posted 2012-10-03T06:35:19.703

Reputation: 1

0

You can find some brokers which allow leveraged BTC/USD trading here.

Make sure that you're aware of the risks involved in such investment as bitcoin value became extremely volatile lately and the leverage makes it even more dangerous.

Also don't forget to examine the broker's security system. As mentioned above, bitcoin marketplaces are hackers favorite target nowadays.

user9332

Posted 2012-10-03T06:35:19.703

Reputation: 1