How to buy crude oil futures contracts with Bitcoin

We all know how it works , some events make you think oil price is going to go up


A while ago there was  only one option for a non accredited investor aka Depositing in fiat via credit card and trading CFDs, now you have more options thanks to Bitcoin


Exactly two more options


The first is basically a CFD prlatform that accepts Bitcoin as a Deposit method, and it’s called Simplefx


Another more innovative platform is Ambra. Not only you deposit Bitcoin, but you actually trade bitcoin-collaterized contracts

Simply put, you use your Bitcoin as collateral for your longs or short, even with leverage.

That makes Bitcoin price an additional variable that could go in your favor


Now, how can you long or short Oil with Bitcoin on Simplefx and Abra? here are the main steps


Was this post helpful?
Let us know if you liked the post. That’s the only way we can improve.