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. Interbank Market

    The financial system and trading of currencies among banks and ...
  6. Currency Pair

    The quotation and pricing structure of the currencies traded ...
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. Geometric Mean

    The average of a set of products, the calculation of which is commonly used to determine the performance results of an investment ...
  2. Fisher Effect

    An economic theory proposed by economist Irving Fisher that describes the relationship between inflation and both real and ...
  3. Fiduciary

    1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets ...
  4. Expected Return

    The amount one would anticipate receiving on an investment that has various known or expected rates of return. For example, ...
  5. Carrying Value

    An accounting measure of value, where the value of an asset or a company is based on the figures in the company's balance ...
  6. Capital Account

    A national account that shows the net change in asset ownership for a nation. The capital account is the net result of public ...
Trading Center