IC Markets Expands Cryptocurrency Suite to Include Four Altcoins

Retail brokers have continued to strengthen their cryptocurrency offerings in 2017. Fresh from beginning to support Bitcoin trading back in July, IC Markets has once again strengthened its offering, this time adding four new 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 to its growing suite.

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Moving forward, clients will be able to trade Ethereum (ETH/USD), 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 Cash (BCH/USD), Dash Coin (DSH/USD), and Lite Coin (LTC/USD). Together with Bitcoin, IC Markets’ expanded offering places it on par with other brokers in the industry amidst burgeoning client demand.

2017 has been the year of cryptocurrencies with not just Bitcoin receiving a boost in interest and trading activity. Investors have been flocking to altcoins, especially Ethereum, as initial coin offerings (ICOs) have quickly permeated the crowdfunding space. IC Markets’ expansion of its cryptocurrency suite just three months after launching Bitcoin trading is a further nod to client demand for such instruments.

Indeed: “As a speculative medium, there are few products in the world that can compare with Cryptos right now. Since our clients are active traders, we give them the products with the best opportunities to trade as well as the best trading conditions to fully exploit those opportunities. These additions highlight our commitment to provide our clients with opportunities relevant to the current financial landscape,” explained IC Markets Director Angus Walker.

Of note, IC Markets’ newly expanded cryptocurrency suite will also be offered to clients as contracts-for-difference (CFDs). Crypto CFDs have proven to be a preferred instrument for investors given the dynamic price behavior of many altcoins.