Easy Markets Enables Crypto CFDs for Ethereum and Ripple

Easy Markets has announced the addition of Ethereum and Ripple CFDs into its asset lists. The new additions are now available for trading across its trading platform.

In the midst of a cryptocurrency frenzy that has seen many of the world’s leading FX and CFD providers incorporate 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 into their asset offerings, Easy Markets is pushing to meet client demands as well.

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Ethereum (ETH) and Ripple (XRP) have been headlining the crypto industry in recent months, as their respective late year surges catapulted them to be among the leaders of the industry in terms of their market caps. Ripple’s creation of a Japanese credit card consortium helped to push its value higher, as practical uses for the technology coupled with established partnerships drove demand for the virtual coin to unprecedented levels.

Meanwhile, Ethereum has maintained its position as a stable alternative for Bitcoin. Both digital currencies carry high name recognition and investor demand. According to the Easy Market’s statement, the company has also lowered its spreads on Bitcoin CFDs.

Easy Markets initially launched Bitcoin CFDs in October of last year, just before the strong upward spike seen across many of the leading cryptocurrencies. While the recent slump experienced through the market has led to a drop in demand levels, crypto CFDs maintain their allure, due to the option of shorting the assets.

The crypto space is relatively new for many brokers and institutional market participants. Many companies have rushed to offer crypto CFDs, only to quickly halt trading as a result of lacking Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term procedures.

As time goes on, companies are better equipped and familiarized with the industry to create the necessary framework to appropriately manage crypto assets.

Despite the general setback seen across the crypto sphere, demand does not appear to be dwindling. Many exchanges continue to report strong growth, both in the number of new users, as well as overall trading volume.