Following Successful Test Dukascopy Makes USD/BTC CFDs Available

Geneva-based Retail FX broker Dukascopy Bank on Monday announced that is has expanded its range of instruments and will now offer cryptocurrency CFDs for all of its self-trading accounts.

The FX broker introduced the new asset type earlier this month when it began testing the service in a demo environment.

The platform is offering a maximum Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term of 1:3 for BTC/USD CFDs to let its clients hold cryptocurrency CFD positions larger than the amount of fiat currency initially owned, with margin requirement is set to 33 percent.

Similar to other CFD options on the platform, Dukascopy will apply its overnight rollover policy to its crypto CFD clients. According to the policy, the bank will apply different rollover rates to ensure a higher trading turnover which will result in better overnight conditions for clients.

Expanding crypto services

Dukascopy currently offers spot trading of more than 500 financial instruments through the use of leveraged trading. The scope of the broker's instruments includes FX currency pairs, metals, commodities, equity indexes, and shares of companies from 14 countries worldwide, along with the newly introduced cryptocurrency assets.

Dukascopy also continues to offer its clients the ability to trade binary options, despite the industry’s substantial deterioration over the past couple of years.

Moreover, the group will enable Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term trading for Dukascopy Europe and other white label partners shortly, as it aims to expand its crypto-based services in the market.

The broker has also shared its plans to offer Bitcoin investments, to buy and sell bitcoins on regular bank accounts, as well as free internal crypto-transfers between users of mobile banking.