What is 1Broker? What can I do with this service?
1Broker is a platform that allows Bitcoin users to participate in real-world markets directly with their Bitcoins.
There are no conversions to fiat currencies like U.S. Dollars necessary.
We currently offer trading on over 40 selected commodity, stock, index and forex markets.
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What is Bitcoin?
Bitcoin is a P2P (Peer to peer) digital currency which was released as
open-source software in 2009. It enables users to send and receive
payments without the need for a middleman, or central
authority.
The price of a Bitcoin is based on demand and supply.
How is it possible that trading on 1Broker is so cheap?
With our minimalist, efficient and lean business structure, our goal is to offer the best possible conditions.
We do not work with banks or payment providers to handle our traders' deposits and withdrawals.
Instead, we only use decentralized cryptocurrencies, like Bitcoin.
While other brokerage firms have to spend money on chargebacks, contract management, lawyers and bank fees,
we have a market advantage, which is reflected through our low fees.
How can I deposit & withdraw?
On 1Broker you can only deposit and withdraw using Bitcoin. Withdrawals
are fully automated and happen instantly. Deposits require two network
confirmations, and this usually takes between 10-40
minutes. Be sure to double check your deposit and withdraw addresses to
prevent any mistakes, since all payments are irreversible. All of your
deposits and withdrawals can be found in the
"Transaction Log".
What are CFDs and what has this to do with 1Broker?
The underlying contracts you trade on our platform are called CFDs. This
type of derivative allows us to peg our markets directly to the
underlying markets with maximum transparency and simplicity
for our traders.
Since all of our markets are settled in Bitcoin, (volatile) Bitcoin
exchange rates are not affecting your trades. You can use our Profit/Loss
calculator to view how simple and transparent our system is.
Where does the name "1Broker" come from?
The name 1Broker comes from the format of traditional Bitcoin addresses
(public keys). These addresses consist of 26-35 alphanumeric characters
and begin with the number 1.
Initially, we also planned to use vanity addresses, which means that a
1Broker deposit address could have looked like this:
1BrokerYstWetqTFn5Au4m4GFg7xJaNVN2.
Because of privacy-related problems, we decided against this
implementation, however.
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Fees
| Minimum margin to open an order | 0.001 BTC |
| Minimum margin to copy a trader | 0.001 BTC |
| Minimum deposit amount | no minimum |
| Minimum withdrawal amount | 0.0015 BTC |
Referral Features
- You earn 25% of the spreads/trading commissions from positions opened by referred traders.
- You earn 5% of the spreads/trading commissions from positions copied by referred traders.
- Not limited in time, you earn a lifetime long!
- Instantly credited to your account when a referred trader opens a position.
- You are not required to trade or deposit funds.
- Simple, cookie-based, unobtrusive system.
- For Developers: Trading software which is built on top of our API can overwrite the trader's referral ID.
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Also read:
| CPC & CPM |
PTC & PTS
|
Etc
|
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