There are a lot of benefits and risks of trading in foreign exchange with bitcoin. Let me start with benefits. Bitcoin is one of the most secure, anonymous and fast currencies available. Since it is decentralised, there is no governing authority that will keep track of any of your records. It is virtually impossible for the government to track any of the transactions. The risks may include the fact that it is something that keeps constantly changing. The value is not constant. It could drastically change from one day to another. But I do feel bitcoin is definitely a huge part of the future.