IG Group to Offer Ethereum Trading for Clients

As the industry demand for 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 rises, IG Group (LON:IGG) has become the latest brokerage to launch Ethereum trading. Ethereum trading has touched all-time highs over the past few months.

Learn how to buy Bitcoin and Ethereum safely with our simple guide!

Many other brokers and exchanges have begun to offer access to 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 and Ethereum trading to retail clients, part of a broader industry push. As the second largest cryptocurrency available with a market cap of over $30.0 billion, Ethereum’s popularity continues to swell.

Ethereum sets new transaction record, outperforming #Bitcoin. https://t.co/sz15hjYsDc pic.twitter.com/J3RXTfyeTt

— VentureBeat (@VentureBeat) August 17, 2017

Clients trading Ethereum via IG Group will be able to do so without assuming a number of risks typically associated with buying and storing it. The crypto industry is littered with myriad examples of exchanges that have gone under or dark, with information and accounts being compromised en masse.

Bitcoin trading has already been a core element of IG Group’s offering for over three years now. Only now have clients been able to expand their cryptocurrency portfolio with the broker, which now constitutes the second option available for clients. Of note, Ethereum trading will be available against the USD and the EUR and will not require the use of a digital wallet.

Rupert Osborne, Deputy Head of FX and Futures at IG, commented: “As the acceptance and popularity of cryptocurrencies has grown around the world, IG has been at the forefront of giving people the opportunity to trade them. We launched Bitcoin trading for our clients three years ago and are happy to make Ethereum the second cryptocurrency to trade on the platform.”