A global trading competition with a 20 BTC funded trading account as a prize begins 23 March Offering users the chance to trade international markets whilst using their Bitcoins as collateral against these positions, First Global Credit is encouraging new sign ups with a new trading competition boasting a 20 BTC funded trading account as its main prize. Competitors taking part in the contest will be using a “paper” account with 100 BTC of competition money loaded on it, as they try their hands at international market day-trading. Usually seen as quite an intimidating market to be in, FGC is …
First Global Credit launches international market trading competition with prize fund worth 20BTC. The month long competition is pitting would-be Wolves of Wall Street against each other as they use a competition trading account loaded with 100 virtual BTC to try and create the largest profits. Free to enter, the market based competition may be the first taste many users have of the world of high pressure day-trading. Speaking to Marcie Terman, First Global Credit's Business Development Director Cointelegraph asked how she saw new traders getting on with the system. “One thing we’ve learned from our experience with traditional markets …
First Global Credit announces a 10BTC trading fund for the winner of a market trading competition. From March 16, users taking part will have a month to trade their way through global financial markets. Players in the contest will use First Global Credit's paper trading service to work the international markets with a fund of 100 virtual bitcoins. Competing against each other to day-trade their way to profit, the winner will be the user who makes the most gains for their virtual fund. Day-trading may seem like an intimidating market to some; however, this “Wolf of Wall Street” level of …
Cointelegraph reached out to First Global Credit CEO, Gavin Smith, who recently contributed his own Op-Ed piece about Anonymity vs. Privacy, to get his thoughts on the advantages of trading with bitcoins, the future of the stock market in the age of the blockchain and the looming BTC regulations. Cointelegraph: What do you see as the major advantages to investors being able trade global financial products using Bitcoin? Gavin Smith: Many holders of bitcoins believe that the currency will appreciate significantly over time and they don’t want to lose out on that growth. If you make it possible for people …