CMC Markets makes seven additional cryptocurrency CFDs tradable
CMC Markets, a provider of contracts for difference (CFD), is now offering its customers the ability to spread bet and trade CFDs on another seven cryptocurrencies.
In addition to bitcoin, ethereum, bitcoin cash, litecoin and ripple, now also available to trade on the Next Generation platform are: dash, EOS, monero, NEO, stellar, cardano and TRON. In addition, CMC Markets has lowered the spreads on their previously tradable cryptocurrency CFDs by an average of 50 percent.
David Fineberg, Deputy Chief Executive Officer, says: "Recently we have seen that cryptocurrencies are being rediscovered by traders. The volatility seen in early 2018 has subsided making them a less risky, and increasingly attractive, asset class. By expanding our offering, we are now able to satisfy our customers' desires for alternatives to the original bitcoin and ethereum. Not only is the number of tradable crypto-CFDs impressive, we have also improved the trading conditions for our clients by providing some of the lowest spreads in the industry."