Question: I just bought BTCUSD. Now where is my Bitcoin? How can I manage my Crypto-currencies?
Trading BTCUSD and Buying a Bitcoin on an Exchange mean 2 different activities.
It is either:
- You trade Bitcoin to profit from the difference of market prices.
- You buy (then sell) to own Bitcoins.
Margin Trading of Crypto currency
In case you are trading BTCUSD, you are doing “Margin Trading” on the market chart of BTC vs USD.
You may profit from the differences of prices, but you won’t own a Bitcoin or USD by trading this symbol.
It is either buying Bitcoin with USD or Buying USD with Bitcoin.
If you wish to buy a Bitcoin to own it for yourself, please refer to the list of Crypto-Exchanges.
