FXPRIMUS ‎Adds More Cryptocurrencies to Its Platform

CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term-regulated forex broker FXPRIMUS has increased the number of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term ‎available to its client as the company continues its efforts to deepen its ‎involvement in the rapidly growing space. Users can now ‎trade Ripple, Dash, Iota, and Bitcoin Cash alongside the ‎already installed cryptocurrency CFDs.‎

Back in September 2017, FXPRIMUS soft-launched trading in Bitcoin, Ethereum, ‎Ripple, Litecoin, and Dash on its platform. The initial launch came to gauge the response ‎from its clients, and positive feedback resulted in expanding its cryptocurrency product suite.‎

FXPRIMUS said this enhanced cryptocurrency offering coincides with the broader launch ‎of several new instruments. The addition of the new crypto assets will enable traders to ‎properly diversify their crypto holdings, it said.

‎By adding four additional cryptocurrencies to a wide range of 120 trading instruments ‎that are already available to FXPRIMUS clients, the company is responding to ‎their clients and partners’ demands, while also systematically expanding the list of its ‎services. ‎

Vince De Castro, CMO of FXPRIMUS, commented on the expansion: “Crypto CFDs are a ‎natural extension of our portfolio of financial instruments. The recent surge in volatility has ‎triggered client interest in various cryptocurrencies and we are well positioned to service our ‎clients with unmatched trading conditions.”‎