Knowledge Center

General Information

Bitcoin

A digital currency called Bitcoin was invented in 2009. It is a decentralized kind of currency, which means that neither a government nor a financial institution has any influence over it. The blockchain is a widely used public ledger where bitcoin transactions are recorded.

 

Bitcoin is significant in the trading industry because of its tremendous potential for profits and volatility. Although the price of Bitcoin might change drastically, those who can correctly forecast price alterations stand to gain a lot. Also, traders may diversify their portfolios using Bitcoin as a hedge against traditional markets.

Questions and Answers

What are the global market hours?

Trading in the global market is available throughout the week, 24 hours a day, except for public holidays.

Glossary

Support Line

It is a level in the price in which the shares or currencies find it difficult to break through to the bottom, and this may result in an increase in the price instead of a decrease.

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