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Hedge99

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  1. If I open a spread bet in Bitcoin this will give me investment exposure to Bitcoin, but does this avoid certain risks and other hassles were I to buy Bitcoin itself? For example I wouldn't be required to open a Bitcoin wallet, I would not need to worry about the counterparty risk associated with Bitcoin exchanges, I wouldn't have to worry about my wallet being hacked / frozen / locked or trading liquidity issues. Apart from the normal investment risk, is my only other risk that of credit risk to IG? Thing is though, is IG taking an exposure in the underlying which I will indirectly be exposed to if there is a problem. Obviously I will need to upgrade my account to Professional status to trade in Bitcoin spread bets. My first post on here. Thanks, Regards.
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