Perks of Bitcoin halving date
The trust in the system of Bitcoin halving is currently based on highly satisfactory tried and tested results. However, the process of halving has an inherently volatile nature. A great deal of speculation and nervous excitement is seen whenever a Bitcoin halving date occurs, as an absolute certainty is far from guaranteed due to the small sample space of halving events and cryptocurrency’s volatility in the financial markets.
Several external factors, such as a completely unexpected global pandemic, rarely fail to influence markets. This is the biggest perk of Bitcoin halving. It makes sure that there remains a hedge against inflation, even if the external circumstances in the world are excessively volatile. CFD trading of Bitcoin through CAPEX is one way to save yourself from the troubles of directly owning something as volatile as Bitcoin.
The bull run
We have already observed the highly successful results of the first two halvings. The third halving is still on its way to display results that agree with the pattern with the bull run that started in 2020. There is a highly probable soar in Bitcoin price due to an immediate increase in demand, and thereafter an observed crash of Bitcoin price, which still maintains a healthy value much higher than the pre-halving price. Therefore, the perks of halving are apparent in the markets and have succeeded in their mission to boost price and demand.
How to trade on CAPEX.com during Bitcoin halving
Trading with us at CAPEX.com is a pretty straightforward procedure that doesn’t change regardless of any Bitcoin halving date. The following are the steps to open an account with us:
- Head over to CAPEX.com and click on “Register” in the top right corner of the website.
- Write down your email address, choose a password, type other details like your phone number, preferred currency. You can also add any promo codes that you might have.
- Note that you need to be 18 or above to access this website. Confirm that you’re of legal age and accept the terms and conditions.
- Our CAPEX team will then conduct an Appropriateness Test that will test your proficiency and knowledge in trading. This test determines your access to CFD trading.
- Then, the website will ask you to upload the required documentation and information, which will help us verify your account.
- As soon as your documents are verified, you will be ready to trade!
Conclusion – Trade Crypto CFDs at CAPEX
Bitcoin halving dates will keep occurring until the mining of the entirety of the 21 million Bitcoin. While miners might not be particularly happy about a halving event, it is definitely one of the main events keeping the cryptocurrency afloat. However, halving is only one of the many factors that influence the price of Bitcoin.
We are one of the best online cryptocurrency brokers for investors looking for a professional and seamless trading experience as far as trading Bitcoin is concerned. Join us at CAPEX now to experience the best online CFD trading platform.