XRP and BCH are ranked as the third and fourth top cryptocurrencies by market capitalization.
FXCM Group, an international provider of foreign exchange (Forex) and contracts-for-difference (CFD) trading, has yet again expanded its cryptocurrency offering, by announcing this Friday that it has added two new digital currencies to its platform - Bitcoin Cash (BCH) and Ripple (XRP).
The two new Cryptocurrencies are available to trade with the New York-headquartered company as CFDs - BCH/USD and XRP/USD. The addition of the new cryptocurrencies are to meet a rising demand from its retail clients to add new cryptos to their portfolios, the statement said.
At the time of publishing, BCH is ranked as the fourth largest crypto in terms of market cap, which is $6,559,262,026 and is trading at $368.77, according to CoinMarketCap. The asset was born from Bitcoin but can process higher levels of transactions due to a larger block size.
XRP, on the other hand, is ranked as the third largest virtual currency in terms of market cap, which is at $16,207,743,784 and is currently valued at $0.384678 according to CoinMarketCap data.
Commenting on the announcement, Brendan Callan, the Chief Executive Officer of FXCM Group, said: “Having successfully launched three different cryptocurrencies in the past 12 months, our clients are asking us to improve the range of crypto CFDs they can access."
“The addition of Bitcoin Cash and Ripple marks the latest stage of growth for FXCM’s burgeoning cryptocurrency offering and is in direct response to increased demand from our clients.”
Cryptocurrency CFDs allow traders to take both long and short positions on the chosen currency pair. FXCM also offers micronized CFD contracts for XRP and BCH, where traders can place trades in fractions. This lowers the minimum margin required to enter a position.
FXCM Group, an international provider of foreign exchange (Forex) and contracts-for-difference (CFD) trading, has yet again expanded its cryptocurrency offering, by announcing this Friday that it has added two new digital currencies to its platform - Bitcoin Cash (BCH) and Ripple (XRP).
The two new Cryptocurrencies are available to trade with the New York-headquartered company as CFDs - BCH/USD and XRP/USD. The addition of the new cryptocurrencies are to meet a rising demand from its retail clients to add new cryptos to their portfolios, the statement said.
At the time of publishing, BCH is ranked as the fourth largest crypto in terms of market cap, which is $6,559,262,026 and is trading at $368.77, according to CoinMarketCap. The asset was born from Bitcoin but can process higher levels of transactions due to a larger block size.
XRP, on the other hand, is ranked as the third largest virtual currency in terms of market cap, which is at $16,207,743,784 and is currently valued at $0.384678 according to CoinMarketCap data.
Commenting on the announcement, Brendan Callan, the Chief Executive Officer of FXCM Group, said: “Having successfully launched three different cryptocurrencies in the past 12 months, our clients are asking us to improve the range of crypto CFDs they can access."
“The addition of Bitcoin Cash and Ripple marks the latest stage of growth for FXCM’s burgeoning cryptocurrency offering and is in direct response to increased demand from our clients.”
Cryptocurrency CFDs allow traders to take both long and short positions on the chosen currency pair. FXCM also offers micronized CFD contracts for XRP and BCH, where traders can place trades in fractions. This lowers the minimum margin required to enter a position.
Executive Interview with Andrian Coxon | Exante | FMLS:24
Executive Interview with Andrian Coxon | Exante | FMLS:24
Executive Interview with Andrian Coxon, CMO at Exante during FMLS:24
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Executive Interview with Andrian Coxon, CMO at Exante during FMLS:24
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Executive Interview with Siju Daniel & Wei Qiang Zhang | ATFX | FMLS:24
Executive Interview with Siju Daniel & Wei Qiang Zhang | ATFX | FMLS:24
Executive Interview with Siju Daniel, from ATFX and Wei Qiang Zhang from ATFX Connect | FMLS:24
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Executive Interview with Siju Daniel, from ATFX and Wei Qiang Zhang from ATFX Connect | FMLS:24
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Executive Interview with Adam Saward | EC Markets | FMLS:24
Executive Interview with Adam Saward | EC Markets | FMLS:24
Executive Interview with Adam Saward | EC Markets | FMLS:24
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Executive Interview with Adam Saward | EC Markets | FMLS:24
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Executive Interview with Johnny Khalil | Tickmill | FMLS:24
Executive Interview with Johnny Khalil | Tickmill | FMLS:24
Executive Interview with Johnny Khalil, Executive Director at Tickmill during FMLS:24
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Executive Interview with Johnny Khalil, Executive Director at Tickmill during FMLS:24
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How Modern Consumer Habits Are Transforming Global Payments
How Modern Consumer Habits Are Transforming Global Payments
The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure and frictionless payment solutions is transforming how businesses and financial institutions approach transactions. But what does this mean for the future of payments, and how can organizations keep up?
On December 4, 2024, Finance Magnates, in partnership with @Visa Direct, hosted a live webinar dedicated to exploring these pressing questions. Industry experts will provided actionable insights into the trends, challenges, and opportunities in global payments, equipping attendees with the tools they need heading into 2025.
DISCLAIMER:
The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
#FinanceMagnates #VisaDirect #GlobalPayments #FutureOfPayments #PaymentsInnovation #CrossBorderPayments #SecurePayments #SeamlessTransactions #FinancialInsights #PaymentsTrends #WebinarRecap #BusinessFinance #DigitalPayments #FintechInsights #Payments2025
The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure and frictionless payment solutions is transforming how businesses and financial institutions approach transactions. But what does this mean for the future of payments, and how can organizations keep up?
On December 4, 2024, Finance Magnates, in partnership with @Visa Direct, hosted a live webinar dedicated to exploring these pressing questions. Industry experts will provided actionable insights into the trends, challenges, and opportunities in global payments, equipping attendees with the tools they need heading into 2025.
DISCLAIMER:
The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
#FinanceMagnates #VisaDirect #GlobalPayments #FutureOfPayments #PaymentsInnovation #CrossBorderPayments #SecurePayments #SeamlessTransactions #FinancialInsights #PaymentsTrends #WebinarRecap #BusinessFinance #DigitalPayments #FintechInsights #Payments2025