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Bitcoin Loophole South Africa

Bitcoin Loophole - Free to Use
Published days ago on July 31, 2020
By Anton Kovačić
Bitcoin Loophole - Free to Use
Bitcoin introduced itself to financial markets a little over 10 years ago and it was evident from almost the beginning that the digital currency would drastically change the financial industry. Traders across the globe rushed to ensure they did not miss out on the potential opportunities offered by bitcoin and it did not take long for large numbers of investors to become traders of the digital currency.

The popularity of bitcoin continued to increase and many people began to view the asset as an excellent way to store their wealth.

More people also turned to the online trading of bitcoin CFDs. To account for the exploding popularity of this particular type of trading, creators have produced a great number of tools to help investors increase both the profitability and accuracy of their trades. These creations include solutions for advanced analytics, automated trading software, and trading signals.

South African traders began trading bitcoin not long after the digital currency was made available to the financial industry. Bitcoin Loophole South Africa has emerged as the go-to software solution for traders in South Africa who need a little help at earning real money through Bitcoin and other cryptocurrency trading.

What is Bitcoin Loophole

Bitcoin Loophole - Free to Use
Bitcoin Loophole is a trading software that is fully automated and has been applauded by many traders for its effectiveness. The software allows individuals who possess no previous experience or inside knowledge pertaining to financial markets to make money trading Bitcoin.

The creators of Bitcoin Loophole are industry experts who recognized early on in the game that the bitcoin market offered an unprecedented opportunity for traders to realize a profit.

The Bitcoin Loophole algorithm is capable of analyzing cryptocurrency markets with extreme accuracy. The algorithm is able to quickly combine the lessons learned from the historical data of a particular digital currency and apply it to current market conditions to find opportunities that represent a great profit potential for users of the software.

Once the Bitcoin Loophole algorithm identifies a trade that appears promising for users, a trade signal is initiated. This signal provides users with advice pertaining to which assets they should trade and when they should trade them. Bitcoin Loophole is fully automated and will pull the trigger on any trades that it identifies as both a good opportunity as well as a match for the set of parameters previously determined by a user. The complete process can take place with no intervention necessary by the software users. This means there is no reason for your earnings to stop while you sleep at night.

The most beneficial part of the Bitcoin Loophole experience for traders is the software's ability to analyze and forecast markets. If you take a moment to do a quick search online, you will find numerous user reviews attesting to the fact that the trades they make through the Bitcoin Loophole trading platform are successful the overwhelming majority of the time. It will also not take long for you to deduce that financial freedom is achievable through the use of the Bitcoin Loophole software.

Benefit of the Bitcoin Loophole App

Bitcoin Loophole - Free to Use
You can increase your understanding of the advantages available to you through the Bitcoin Loophole application by watching the tutorial video on the company's website. The features offered by the company are both numerous and extremely beneficial to users.

Free to Use

To start with, users can interact with the Bitcoin Loophole software free of charge. There are also no hidden fees or costs for users to concern themselves with. Interested parties only need to visit the company website to complete a short registration form. Your Bitcoin Loophole South Africa account will be active in a matter of minutes.

Easy to Use

A second benefit of using the Bitcoin Loophole App is the ease at which anyone can take advantage of trading opportunities. If you are a newcomer to the world of online trading, you have nothing to fear. The fully automated Bitcoin Loophole software will perform all analysis and execute trading strategies for you.

Additionally, if you are a trader who trusts your own experience, you can use the software to double-check your own analysis and pull the trigger on any trades you make yourself. You can even choose to go fully manual with the Bitcoin Loophole software and take complete control of your trading activities if you think this option provides you with the best chance for success.

No Downloads

The Bitcoin Loophole software offers the utmost in convenience and there is no need to download or update anything. The platform is completely web-based and requires only an internet connection and a compatible browser in order for you to trade in Bitcoin and other cryptocurrencies immediately.

Access to Brokers

The top brokers in the industry have agreed to work with Bitcoin Loophole. These brokers provide users with access to the platform that makes trading activities possible. The software for Bitcoin Loophole South Africa will also work seamlessly with a broker of your choice.

Minimal Investment

You only need to deposit $250 (R3600) to provide yourself with the initial capital to trade. Of course, you can invest more if you want the chance to make money faster. Bitcoin Loophole allows users full access to their funds and the money in your count can be withdrawn by you at any time without a hassle.

Customer Support

The customer support provided by Bitcoin Loophole South Africa is both responsive and highly professional. You will be able to contact Bitcoin Loophole any time you need to do so and there will always be a company representative available to field your questions. This adds another layer of convenience for users of the Bitcoin Loophole software.

Tax Responsibilities for Bitcoin Loophole Users

Cryptocurrencies like Bitcoin are not recognized by the South African government as legal tender. However, the South African Revenue Service still requires taxes to be paid on digital currencies.

SARS mandates that anyone accepting cryptocurrency as a payment for products or services within the country must report these payments as income that can be taxed. This rule applies to traders in South Africa who realize a profit from the trade of Bitcoin.

SARS has also added Bitcoin miners to the list of people who must pay taxes on cryptocurrency earnings. The country's revenue service has not crafted new laws to govern cryptocurrencies but has chosen instead to apply existing tax laws to the situation for now. Current tax laws in South Africa classify Bitcoin and other digital currencies as "intangible assets" and these currencies are treated as such by SARS.

A statement released by SARS explained that certain uses for cryptocurrencies fit the "gross income" definition contained in the country's Income Tax Act. The statement from SARS also explains that investment income from cryptocurrencies is covered in the eighth schedule of the act covering "capital gains." This designation is given to all money earned from Bitcoin investment.

The Bottom Line

Bitcoin Loophole - The Bottom Line
Traders in South Africa were quick to understand the enormous profit potential available to them through Bitcoin and cryptocurrency trading. These traders have decided to not sit idly and wait for things to happen for them. Instead, they are taking action in hopes of securing their financial futures by signing up for a Bitcoin Loophole South Africa account. So what are you waiting for? Your own journey to financial freedom is set to begin right now!
Bitcoin Loophole - Anton Kovačić

Anton Kovačić

Anton is a finance graduate and crypto enthusiast.
He specializes in market strategies and technical analysis, and has been interested in Bitcoin and actively involved in the crypto markets since 2013.
Apart from writing, Anton’s hobbies and interests include sports and movies.