Bitcoin brokers: Top forex brokers accepting Bitcoin deposits

Broker Country Rating Min. Deposit Website
UK, Cyprus, Dubai, South Africa, Seychelles4.4/5$50Read the review
UK, Cyprus, South Africa, Mauritius4.4/5$100, $10Read the review
Australia4.1/5$50Read the review
Cyprus, St. Vincent and the Grenadines3.5/5$50Read the review
Belize3.4/5$100Read the review
Nevis-$1, $25Read the review

Bitcoin was introduced by the enigmatic Satoshi Nakamoto in 2009, and it immediately impacted the world in ways not expected. The virtual currency was introduced as an open-source code. In 2013 it became a staple with forex brokers, and most legitimated brokerage firms include it in their instruments repertoires. It is also used as a payment method by many.

In essence, bitcoin is a decentralized currency, relying on cryptographic algorithms for its management, rather than on any centralized authority. And in this lies the reason d’etre of bitcoin; it ensures a government-free environment for financial transactions. For this reason, many traders from developing or/and oppressed countries base their operations on bitcoin.
Bitcoin users will store the crypto currency in a “blockchain wallet” allowing for easy management and storage of the digital coin. As of writing this, there are more than 22 million active e-wallets storing bitcoin.

Be warned that every bitcoin transaction is feed. This fee depends on the time it takes for the transaction the be confirmed. This fee is technically payed to the bitcoin miner for the processing of the client’s transaction.