November 15, 2024 08:34 AM
CFD trading on Bitcoin
Trade CFDs on Bitcoin price movements with a City Index account, regulated in Australia since 2006.
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Spreads from 90 points
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Margin from 50%
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Award-winning tools
Trade Bitcoin with CFDs
Enjoy tight spreads and low margins when you trade CFDs on Bitcoin with City Index.
If you’re not ready to trade with real money, why not open a demo trading account and practise risk free.
Competitive spreads
Bitcoin market information
† May change due to market conditions.
‡ trading hours on cryptocurrencies are 08:00 Mon - 08:00 Sat (AEDT)
* Please note margin requirements can vary depending on the risks associated with the underlying market. For details of the exact margin requirements on all of our markets, please view the market information sheet in the platform.
Stay on top of the latest cryptocurrency news
March 12, 2024 11:00 AM
May 23, 2023 04:09 PM
Why trade Bitcoin CFDs with City Index?
Speculate on the Bitcoin price without the need to own the cryptocurrency – or a virtual wallet
Trade Bitcoin CFDs the same way you would trade commodities, shares or indices
Experience this asset with a trusted broker, regulated in Australia since 2006
Get Bitcoin insight and the latest news from our Reuters feed
Trade on our fast, reliable platforms
Customisable charts
16 chart types and 80+ indicators to boost your technical skills
Award-winning platforms
Technology designed to suit you, whatever your level of expertise
Trading strategies
Elevate your insight with our fundamental and technical trading techniques
Get the latest market insight
From cryptocurrencies to indices, shares, forex and beyond, discover the latest news and trade ideas from our team of expert analysts and market writers.
Real markets. Virtual money.
New to trading? Start with a risk-free demo account.
Bitcoin CFD trading FAQs
How old is Bitcoin?
Bitcoin was introduced in January 2009 as the first cryptocurrency. The author of the initial Bitcoin whitepaper was Satoshi Nakamoto; however, this is believed to be a pseudonym.
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Do I have to trade a whole Bitcoin?
No, one of the main benefits of Bitcoin CFDs is that you can trade fractional amounts and not an entire Bitcoin per transaction.
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What are cryptocurrencies?
Cryptocurrencies are digital tokens based on blockchain technology that act as a virtual currency. Many cryptocurrencies are mined into existence through the ‘Proof of Work’ system, involving the solving of complicated mathematical puzzles by high-powered computing software, with a cryptocurrency token made available to the owner as a reward.
However, a newer system known as ‘Proof of Stake’ involves contributors staking their own cryptocurrency in exchange for a chance to validate new transactions, update the blockchain, and earn a reward. Ethereum, for example, is expected to move to the Proof of Stake model in 2022.
The majority of cryptocurrencies are decentralised, which means that they are not connected to or affected by an authority such as a government or central bank.
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Can I trade other cryptocurrencies with City Index?
Yes, you can trade a range of cryptocurrencies with City Index, such as Ethereum, Ripple and Litecoin, available at a margin rate of 50%. Find out more about the cryptocurrencies we offer.
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