Bitcoin News

Advance your Bitcoin trading strategy with the latest analysis and insights from our experts:

  • Act on the latest Bitcoin news and price analysis
  • Trade Bitcoin volatility, without owning it
  • Benefit from actionable trade ideas
Ready to trade?
Open a live account in minutes

The benefits of CFD trading and Spread Betting on Bitcoin markets

  • Spread Bet on Bitcoin and you are exempt from UK Capital Gains Tax on any profits
  • When you trade Bitcoin as a Spread Bet or CFD, you speculate on the price movement of the underlying Bitcoin market. You don’t need to own the underlying asset and can choose to go long or short, to take advantage of market movements
  • Trading on the price movement of Bitcoin – rather than buying the asset – helps you avoid the complexity of ‘virtual’ wallets and time consuming software downloads
  • When you trade CFDs or Spread Bet you trade on leverage, increasing your exposure to market opportunities with less capital. If the market should move against you this can also magnify losses.

Trading Bitcoin at City Index

Our Bitcoin markets are open during FX market hours, so you can trade Bitcoin 24-hours a day. We price Bitcoin against the US dollar ($), Pound Sterling (£), Euro (€) and Australian dollar (A$) - and our prices are quoted in pairs.

Intelligent technology - like Stop Losses and Take Profits - can help lock in your profits and cap your losses. These innovative tools play an important part in the most effective risk management strategies.

In addition, the latest powerful charting and analysis helps you stay on top of market trends and pinpoint fresh opportunities.

Popular Bitcoin trading strategies

  • Some investors trade Bitcoin using a day trading strategy: where the focus is on short-term market volatility, with clients closing their position at the end of the day
  • Swing trading involves identifying key market trends, with traders following the direction and momentum of the market until the next reversal.
  • Holding Bitcoin overnight is not recommended due to the higher than normal levels of volatility influencing many cryptocurrencies.
















Our Bitcoin markets are open during FX market hours, so you can trade Bitcoin 24-hours a day. We price Bitcoin against the US dollar ($), Pound Sterling (£), Euro (€) and Australian dollar (A$) - and our prices are quoted in pairs.

The first price is the Sell price. The second is the Buy price. Choosing to Sell is known as “going short”, while opting to Buy is called “going long”. As a Spread Bet, you can set the amount you want to trade per point, depending on whether you think the market will go up or down. You can trade on Bitcoin at City Index from as little as 50p per point.

Functionality like Stop Losses and Take Profits can help you lock in profits and cap your losses. These innovative tools play an important part in any risk management strategy.

At City Index, you can react quickly and confidently to market movement. We provide powerful charting and risk management tools. And help you stay on top of market trends, with our incisive news and exclusive analysis.

Popular Bitcoin trading strategies

  • Some investors trade Bitcoin using a day trading strategy: where the focus is on short-term market volatility, with clients closing their position at the end of the day.
  • Swing trading is a strategy that identifies key market trends, with traders following the direction and momentum of the market until the next reversal.
  • Holding Bitcoin overnight is not recommended due to higher than normal levels of volatility.

Spread Bet on Bitcoin and you are exempt from UK Capital Gains Tax on any profits