BTC.sx Launches Redesigned Interface, Order Book View

Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term BTC.sx has announced its launch of a redesigned interface and visibility into the order books of its supported exchanges.

BTC.sx offers leveraged trading in instruments based off the bitcoin prices on the Bitstamp, Bitfinex and itBit exchanges. Account balances are in bitcoin. Positions are taken in instruments similar to contracts for difference (CFDs), but integrate with the order books of the three exchanges. BTC.sx is now allowing users to view these order books to better guide their trading.

The service also informed clients in a monthly newsletter that 75% of trading volume in May was in long positions, 25% short. Interestingly, the proportion of long trades is substantially higher than typical values seen in prior months, which hovered between 60% and 70%.

May has been an incredibly flat month, more so than the first half of May 2014, one of the flattest periods during the year. Soon after, bitcoin embarked on a rally that saw it gain as much as 52%.