Trade Bitcoin / US Dollar with LHFX

Bitcoin (BTC) is the first cryptocurrency, launched in 2009 by an anonymous author writing as Satoshi Nakamoto. It runs on a decentralised blockchain network secured by proof-of-work mining, with a hard-capped supply of 21 million coins. Around 19.7 million are already in circulation; the remaining ~1.3 million will be issued through block subsidies that halve roughly every four years. At LHFX you trade Bitcoin as a CFD on the BTC/USD pair, not by holding the underlying coin. That means you profit or lose based on the BTC/USD price moving in or against your position, and you can go long (profit if BTC rises) or short (profit if BTC falls). You never receive the underlying coin, do not need a crypto wallet, and have no exposure to forks, airdrops, or self-custody risk. Settlement is in USD. This is the key trade-off versus buying spot Bitcoin on an exchange. Spot buyers own the coin and can withdraw it to a hardware wallet, but pay full notional cost up front. CFD traders use leverage (up to 1:100 at LHFX) to control a position size larger than their margin, in exchange for paying overnight financing on leveraged exposure and accepting forced liquidation if the position moves against margin. CFDs are not a substitute for long-term Bitcoin ownership. They are an instrument for taking a price view with defined cost, defined risk, and the ability to short, which most retail spot exchanges do not natively offer.

Open an LHFX account and fund it. Minimum deposit is $10. Crypto deposits typically settle within 20 minutes. Open MetaTrader 5 or the LHFX Trade web platform and search for BTCUSD. Add it to your Market Watch. Spreads are raw with a flat $3/side commission, so the cost of any trade is transparent before you click. Size your position to your account, not to the maximum leverage. Bitcoin moves several percent on a typical day and 10% or more on volatile days. A reasonable starting position is one where a 10% adverse BTC move costs no more than 2 to 3% of your account. With 1:100 leverage available, most retail traders should use effective leverage well below the cap. Set a stop loss before entry. Bitcoin gaps over weekends and during major news releases. A leveraged position without a stop can be liquidated before you next check the platform. Use limit orders during low-liquidity hours. Spreads on BTCUSD widen between roughly 03:00 and 06:00 UTC on weekends; market orders during those windows fill worse than you might expect. Worked example. On a $1,000 account at a $50,000 BTC price, opening 0.02 lots of BTCUSD requires roughly $10 in margin (0.02 lots × $50,000 × 1% margin). A 10% adverse BTC move on that position costs roughly $100, or 10% of your account. Run that math on every entry before clicking buy.