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You're reading from  Mastering Blockchain.. - Third Edition

Product typeBook
Published inAug 2020
Reading LevelBeginner
PublisherPackt
ISBN-139781839213199
Edition3rd Edition
Languages
Solidity
Tools
Blockchain
Concepts
Cryptocurrency
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Author (1)
Imran Bashir
Imran Bashir
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Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

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Bitcoin investment and buying and selling Bitcoin

There are many online exchanges where users can buy and sell Bitcoin. This is a big business on the internet now and it offers Bitcoin trading, CFDs, spread betting, margin trading, and various other choices. Traders can buy Bitcoin or trade by opening long or short positions to make a profit when the price of Bitcoin goes up or down. Several other features, such as exchanging Bitcoin for other virtual currencies, are also possible, and many online Bitcoin exchanges provide this function. Advanced market data, trading strategies, charts, and relevant data to support traders is also available. An example is shown from CEX (https://cex.io) here. Other exchanges offer similar types of services:

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Figure 7.10: Example of the Bitcoin exchange on cex.io

The following screenshot shows the order book at the exchange, where all buy and sell orders are listed:

\\192.168.0.200\BookDrafts\9700_Mastering Blockchain GoldEd\Graphics\Chapter 4\B09700_04_37.png

Figure 7.11: Example of a Bitcoin order book at the exchange of...

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Mastering Blockchain.. - Third Edition
Published in: Aug 2020Publisher: PacktISBN-13: 9781839213199
© 2020 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

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