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AvaTrade expands its cryptocurrency portfolio with BTCEUR and ETCUSD

AvaTrade  adds two new pairs to its cryptocurrency portfolio, which is one of the richest among forex brokers. The Irish broker's clients will now be able to trade in Ethereum Classic vs the American dollar (ETCUSD) and Bitcoin vs Euro (BTCEUR) with leverage up to1:20.

 

Apart from Bitcoin, also known as “the digital gold”, AvaTrade offers trading in Ethereum, Ripple and Dash. In fact, the broker was the first to launch trading in ETH, XRP and DASH in May this year.

 

Commenting on the matter, Dáire Ferguson, CEO at AvaTrade, said: "Cryptocurrencies are the future, and AvaTrade stands in the frontline of brokers when it comes to trading them. We work hard to insure we offer our clients the best trading conditions and possibilities.”  

 

Global cryptocurrency and blockchain market gains substantial momentum lately. Last week Bitcoin’s price surged to almost $3,000 and the other tokens are also generating impressive returns. It seems more and more traders are interested in digital currencies and that is why an increasing number of forex brokers extended their offering with Bitcoin and the like. Most recently major UK and Cyprus-regulated forex and CFD broker HYCM launched Bitcoin trading, while XTB expanded its portfolio with Bitcoin and a number of other pairs with digital currency pairs, such as BTC/USD, ETH/USD, XRP/USD, LTC/USD, and DSH/USD.

 

Irish forex broker with more than 10 years of experience AvaTrade, formerly known as AvaFX,  has an extensive product portfolio, including on forex, indices, stocks, commodities, cryptocurrencies, as well as binary options.

 

The mother company Ava Trade EU Ltd. is licensed by the Central Bank of Ireland and regulated by MiFID in the European Union, and it also has subsidiaries licensed to operate in Australia and Japan.

TAGS: AvaTrade  cryptocurrencies  Bitcoin 

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