EXANTE Adds Five New Cryptocurrencies to Trading Platform

EXANTE, an online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, futures, and stocks retail brokerage, has launched five additional assets on the EXANTE terminal. The company started the Bitcoin fund back in 2013, which allowed trading that specific cryptocurrency. The firm has added more popular altcoins - Litecoin, Ethereum, Monero, Zcash, and Ripple.

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

Litecoin and Ripple are available effective today, alongside the installed Bitcoin. The other three altcoins’ launch has been scheduled for August 2017. As of now, the latter are available in the Cash section with their respective market price.

The new additions will follow the same conditions as EXANTE’s Bitcoin fund. The commission, for one, will be calculated as 0.5 percent of the trade.

The Cryptocurrency Trend Grows in Popularity

EXANTE joins a long line of brokerages on the cryptocurrency bandwagon. Just recently, Alpari Russia, Fibo Group, and a significant number of other online trading companies and financial entities began offering cryptocurrency trading.

About two weeks ago, Alpari Russia, a major retail forex broker in Russia, has launched CFD trading on BTC/USD and BTC/EUR pairs. Alpari is considered a trendsetter in the online trading industry, and so this new course of action signals to other companies that 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 are a force to be reckoned with. Fibo Group has taken a similar step in offering both Bitcoin and Litecoin CFDs to its European clienteles.

With great volatility, however, comes great value swings. Yesterday, Bitcoin, Litecoin, Ethereum, Dash, and Ripple, experienced a decrease in value. The altcoins saw downward swings ranging between 23 percent and 36 percent. Bitcoin’s value fell to $1965.