RoboForex Implements New CFD Trading for Bitcoin, Ethereum

RoboForex has joined the cryptocurrency craze, adding access to contracts-for-difference (CFD) trading for both 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 and Ethereum. The new instruments are amongst the most popular assets nowadays, and are now available for RoboForex’s client base.

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2017 has been the year of crypto, with both Bitcoin and Ethereum exploding to record highs a few months ago. Since then, both 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 have been extremely volatile, making them ideally suited for CFD trading. Consequently, the retail space has been quick to adopt these assets across their respective service suites, with RoboForex being the latest broker to strengthen its offering.

Kiryl Kirychenka, Product Manager at RoboForex, commented: “We’ve decided to enable cryptocurrencies for CFDs trading in the first place because of the keen interest of traders from all over the world to these assets. From now on, our clients will be able to derive profit from the fast growing cryptocurrency market without having to buy them.”

RoboForex has expanded access to trading CFDs for the two largest cryptocurrencies by market cap, which will be added to the list of trading instruments through its MT4 and MT5 terminals.

With prices fluctuating wildly, new access to BTC/USD and ETH/USD will help RoboForex tap onto a growing client appetite for these instruments. The offering also helps RoboForex compete with its competition, with retail brokers quickly implementing new cryptocurrency offerings en masse.

“RoboForex offers one of the most favorable trading conditions for transactions involving digital currencies for both traders and investors. In the nearest future, we’re planning to continue developing in this direction and fundamentally improve our offers by adding new instruments and making trading conditions better,” explained Kirychenka.