If you want to buy Bitcoin but don't want the hassle and dangers that come with a crypto-exchange, European online discount broker DeGiro lets you trade XBTE!
XBTE - what is it?
XBTE is a Bitcoin tracker in euros. You can find all you about XBTE at https://xbtprovider.com but here is the gist of it:
- XBTE trades like any other stock or ETF
- Each XBTE unit is worth 0,05 of the price of BTC in euros.
XBTE price
- Suppose Bitcoin is trading at USD 4.800
- Assume that the EURUSD rate is 1,18
- That means Bitcoin is trading at EUR 4.067 (4800/1,18)
- The XBTE unit will quote at EUR 203,35 (4067 x 0,05)
Trading XBTE at DeGiro
The video below shows how easy it is to buy XBTE at DeGiro. The platform is multilingual, so the menus etc will be in the user's native language, which for me is Portuguese. But don't worry, I added text in English for the few of you who don't speak it...
DeGiro is a discount broker but...
... if you sign-up with the link below, you and I both get an additional 20 euros in trading fees!
http://tinyurl.com/y94xzzvv
Enjoy!