Its been Eleven years since the first-ever Bitcoin block- “The Genesis Block” was ever mined by Satoshi Nakomoto in 2009. Ever since its launch Bitcoin has statistically proven its growth and it does not show any sign of slowing down its pace with the surging new heights of hash rates in the beginning of the year 2020. In the year 2019, the circulation of bitcoins has grown over the months and amounted to a total of $673 billion transferred value.
Trading comes under one of the ever-changing things. But for the longest time, there was only a certain group of people were actively trading in the stock market. This has eventually changed with the increase in the rise of the Internet and online trading houses. The involvement of brokers has made it easier for individual investors to take part in the trading.
The day trading of Bitcoin has seen tremendous growth recently. The high volatility and price movements have transformed it into an ideal market for trading. What is more, is that the trading volume per day has become massive.
The wealth of bitcoin is surely accumulated in the hands of only a few. Due to this, the purchase of bitcoin is infractions, which is as low as one-hundredth of a million which is roughly one-tenth of a cent. This acts as a reason for the boom in trading volume per day.
Why develop a Bitcoin Trading Platform?
A person who can conduct the day trading process correctly can have a profitable career. But those who would like to start an entrepreneurial business in the Crypto space can directly develop a Bitcoin trading platform as the future of Bitcoin is surely going to be optimistic. The 2020 Bitcoin halving will turn out to be profitable for the investors as well as to the platform owners since it will lead to an increase in the user count of Bitcoin.