When you trade bitcoin, you never interact directly with an exchange. Instead, you trade on our buy and sell prices, which we source from a number of exchanges on your behalf. In order to take a position on bitcoin’s price, then, all you need is an IG trading account. Bitcoin exchanges work the same way as traditional exchanges, enabling investors to buy the cryptocurrency from or sell it to one another. But there are a number of advantages to cutting them out of the equation entirely: They lack proper regulation, public records and the infrastructure needed to respond quickly to support requests Their matching engines and servers are unreliable, which can result in the suspension of markets or reduced execution accuracy They impose fees and restrictions on funding and withdrawing from your exchange account, while accounts themselves can take days to acquire By trading bitcoin, you also gain significantly improved liquidity at your chosen touch price. When you buy and sell direct from the exchange, you generally have to accept multiple prices in order to complete your order.Bitcoin trading. 73714