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RE: ►Why Bitcoin. Refresh your mind. Open your mind. Or simply help a broke student! ☺
I have no experience with Plus500, but leveraged trading is also possible at cryptocurrency exchanges such Bitfinex, Poloniex and Kraken.
I suspect that these sites offer better rates, more currencies, as well as expedient deposits/withdrawals of non-fiat currency.
Indeed it is, but it's a pussy leverage ( x2). On plus500 its' up to x20. I prefer x10 though.
The major disadvantage of plus500 is that your value is stored in fiat. I will check bitmex soon.
I'm not so sure you would even want to trade something as volatile as cryptocurrency with a leverage of 10x or even 20x.
Bitfinex currently offers me leverage of 3.3x, which I find sufficient, especially for lower-value currencies like Litecoin.
For Litecoin yeah, since Litecoin has not that much use-case yet. In my eyes Bitcoin is till volatile yes, you are right with that. But after a correction like that its more likely to go up again then down.