Post
Topic
Board Bitcoin Discussion
Re: We Now Accept Bitcoin for FX and gold trading
by
carriun
on 04/06/2011, 11:31:47 UTC
FNIB is not affiliated with Mt Gox.

FNIB does not accept Paypal/Moneybookers but Bitcoin will be accepted directly.

How does it work?  Open your trading account with a Bitcoin payment.  Your account will be credited in USD at publicly available Bitcoin exchange rates on that day.  Trade FX.  When you want to cash out, Bitcoin will be sent back to you at that day's exchange rate.  

Note that Bitcoin itself is not traded on the platform.


www.fnib.co

So,  BTC in and out?  So if I put 1000BTC in last week ($8/BTC) I would get 8000FX,  Trade that for a week and get 20% increase then transfer 9600FX back to BTC ($14/BTC) = 685 BTC.   I think I'll keep my BTC thank you.