Trade Hill Exchange


DEFINITION of 'Trade Hill Exchange '

A Bitcoin exchange launched in June of 2011. Trade Hill Exchange offers Bitcoin trade support for a number of currencies including the Australian and Canadian dollars, the euro, Chilean peso and Indian rupee. The exchange allows for both limit and market orders, and charges commission fees for all trades placed through the exchange.

BREAKING DOWN 'Trade Hill Exchange '

Bitcoins are a digital currency created in 2009 which allow users of bitcoin exchanges to make payments and trades at a very low cost. Bitcoin circulation and expansion is governed by Bitcoin software and is programmed to expand as a geometric series, thus limiting the effects of monetary inflation on the virtual currency. Bitcoins are one of many virtual currencies that can be traded online by users.

  1. Bitcoin

    A digital or virtual currency that uses peer-to-peer technology ...
  2. Britcoin

    A U.K.-based Bitcoin exchange. Britcoin was the first Bitcoin ...
  3. Authorized Forex Dealer

    Any type of financial institution that has received authorization ...
  4. Quote Currency

    The second currency quoted in a currency pair in forex. In a ...
  5. Currency Pair

    The quotation and pricing structure of the currencies traded ...
  6. Interbank Market

    The financial system and trading of currencies among banks and ...
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  1. How is the value of a pip determined?

    A pip in foreign exchange trading is a measure of a price movement in a currency pair. "Pip" is an acronym for price interest ... Read Full Answer >>
  2. How do I set a strike price in foreign exchange trading?

    In trading with a foreign exchange, a trader can set a strike price for a currency pair by entering a limit order or a stop ... Read Full Answer >>
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