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Libertex adds LTC/BTC, BCH/BTC CFDs for leveraged trading

 Libertex, a trading brand of the Forex Club group, has expanded its cryptocurrency CFD portfolio with two more instruments: LTC/BTC and BCH/BTC.


As with many other similar products, offered by many forex brokers, the addition of the new instruments is prompted by the booming investor interest. However, Libertex is one of the few “traditional” platforms that offers trading in cryptocurrency against cryptocurrency, with most offering pairs with an alt-coin and a fiat currency, mostly EUR and USD.


“The high volatility of these cryptocurrencies offers great opportunities for margin trading. The launch of these new instruments in Libertex provides an effective and secure trading solution to support the ever increasing demand from traders around the world. Now everyone can trade these instruments using the cutting edge Libertex approach”, commented Libertex Chief Marketing Officer Matt Krivoshein.


Libertex introduced leveraged trading on Bitcoin and Litecoin CFDs earlier this year.


Lately margin trading on cryptocurrency CFDs is offered by a growing number of forex brokers and obviously is enjoying considerable interest. Most likely the main reason for that is that the majority of cryptocurrency exchanges do not offer it.


Libertex is a brand of Indication Investments Ltd., member of Forex Club group - a collective brand of several entities that provide trading in forex and CFDs on shares, metals, indices, and other instruments. It offers just one type of trading account with a minimum deposit of $250 and a maximum leverage of up to 1:500.


Forex Club has clients in more than 120 countries, mainly in the former Soviet Union countries. The Group operates via its subsidiaries regulated in Russia, Belarus, and Cyprus, and there is also a unit registered in the St. Vincent & the Grenadines.


TAGS: libertex  bitcoin  bitcoin cash  litecoin 

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