Trade Hill Exchange

AAA

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.

INVESTOPEDIA EXPLAINS '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.

RELATED TERMS
  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. Online Currency Exchange

    An online system for exchanging one country's currency for another. ...
  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 ...
RELATED FAQS
  1. How do you buy Bitcoins?

    Bitcoin is the first decentralized digital currency. It is sometimes referred to as a virtual currency or cryptocurrency. ... Read Full Answer >>
Related Articles
  1. Technical Indicators

    The Basics Of Money Flow

    Learn how this indicator uses both price and volume to record a more complete picture of price action.
  2. Forex Education

    Top 7 Questions About Currency Trading Answered

    Whether you're puzzled by pips or curious about carry trades, your queries are answered here.
  3. Options & Futures

    Getting Started In Forex

    Before entering this market, you should define what you need from your broker and from your strategy.
  4. Forex Education

    Market Makers Vs. Electronic Communications Networks

    Learn the pros and cons of trading forex through these two types of brokers.

You May Also Like

Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Productivity

    An economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in ...
  3. Variance

    The spread between numbers in a data set, measuring Variance is calculated by taking the differences between each number ...
  4. Terminal Value - TV

    The value of a bond at maturity, or of an asset at a specified, future valuation date, taking into account factors such as ...
  5. Rule Of 70

    A way to estimate the number of years it takes for a certain variable to double. The rule of 70 states that in order to estimate ...
  6. Risk Premium

    The return in excess of the risk-free rate of return that an investment is expected to yield. An asset's risk premium is ...
Trading Center