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CMC Markets, financial derivatives based in the United Kingdom, spread betting and contracts for the difference dealer [CFDs], now added XRP, Bitcoin Cash [BCH] and Litecoin [LTC] to its cryptocurrency offer.
Traders can now trade on CMC using altcoins added in addition against the US dollar. The company had offered only Bitcoin [BTC] and Ethereum [ETH] when it was launched.
The news was announced today on their Twitter page:
Source: Twitter
CMC Group sales director David Fineberg said:
"Following the successful launch of our cryptocurrency offer in March and the subsequent extension to retail customers in July, our customers have expressed an interest in extending their trading options as well as Bitcoin and Ethereum. take a position on Bitcoin Cash, Litecoin and Ripple [XRP], three altcoins that continue to generate many speculations among traders ".
CMC, based in London, has more than 12 hubs worldwide and is listed on the London Stock Exchange. The financial service giant has about 59,000 customers and a market capitalization of $ 341 million.
Fineberg also warned users to undertake in-depth research and said:
"Spread and CFD bets offer a way to trade cryptocurrencies as customers can take a position on market movements without owning the asset .. Trading with an established supplier, funds can be deposited and withdrawn easily, avoiding risks to buy cryptocurrencies directly through an exchange, but like all the other financial instruments we offer, we always advise clients to understand the risks and conduct extensive research before negotiating. "
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