FXOpen Becomes First Retail Forex Broker to Offer Dash Trading

Retail 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 broker FXOpen is again showing its commitment to cryprocurrency traders by launching Dash-based pairs and being the first ever in the market to do so. The firm announced that it is now offering DSH/BTC as well as ETH/RUB (ether/Russian ruble) for both its demo and live crypto users.

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We expected this move by FXOpen last month when the brokerage first added Ethereum support with ETH/USD and ETH/BTC pairs. This was done not long after BTC-e revealed that it had successfully completed the addition of two new trading pairs based on Ethereum and Dash. At the time we predicted that this move by BTC-e might help Ethereum and Dash become more popular with active retail MT4 traders, especially in Russia and China.

Natalia Zakharova, Head of Global Sales at FXOpen, commented to Finance Magnates: "After we introduced ETC/BTC and ETC/USD in May 2016 we received a lot of positive feedback from our clients and significant interest in ETC Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. So the next logical step is to anticipate our clients future needs and introduce dashcoin, which is a hot new instrument right now."

Dash, the cryptocurrency formerly known as DarkCoin, marked its second birthday back in January with a vote among its stakeholders to increase the blocksize from 1 MB to 2 MB. Evan Duffield, creator and chief architect of Dash, shared his thoughts with Finance Magnates about this move and his creation at the time.