Bitcoin investment and buying and selling Bitcoin
There are many online exchanges where users can buy and sell Bitcoin. This is a big business on the internet now and it offers Bitcoin trading, CFDs, spread betting, margin trading, and various other choices. Traders can buy Bitcoin or trade by opening long or short positions to make a profit when the price of Bitcoin goes up or down. Several other features, such as exchanging Bitcoin for other virtual currencies, are also possible, and many online Bitcoin exchanges provide this function. Advanced market data, trading strategies, charts, and relevant data to support traders is also available. An example is shown from CEX (https://cex.io) here. Other exchanges offer similar types of services:
Figure 7.10: Example of the Bitcoin exchange on cex.io
The following screenshot shows the order book at the exchange, where all buy and sell orders are listed:
Figure 7.11: Example of a Bitcoin order book at the exchange of...