GEMFOREX continues to pursue a comfortable environment for traders, allowing even beginners in Cryptocurrency trading to use Cryptocurrency trading with ease under the familiar MT5 environment of FX.
※Virtual currency trading is only available on MT5 accounts.
Virtual currency, also called cryptocurrency, is an unrealized currency exchanged in electronic data.
The Bank of Japan defines virtual currency as
Payable to unspecified parties and interchangeable with legal tender
Typical examples include Bitcoin and Ethereum.
Since they are insubstantial electronic data assets, they are not compensated by the government like legal tender, and therefore, the assets are managed by a mechanism called blockchain.
It is often used for remittances and payments over the Internet, and is bought and sold all over the world.