The forex broker easyMarkets is now allowing its clients to deposit and withdraw in six different cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Tether (ERC20), Tether (TRC20), and Litecoin.
Ohad Golan, Chief Marketing Officer at easyMarkets, said: We are delighted to now allow our clients to deposit and withdraw their cryptocurrency funds. Cryptocurrencies have seen immense growth recently, and were excited to enable traders to partake in its future growth over the coming years.
“Alongside these new crypto funding offerings, we also have our μBTC account, which allows our clients to trade in Bitcoin, with no fiat exchange required. This means its now possible to either deposit crypto and trade in fiat currency, or deposit Bitcoin and trade exclusively with Bitcoin.” Both of these new funding options, we believe, will help provide more freedom and choice when trading with easyMarkets.
Funding the account with cryptocurrency gives clients the same access like any other funding method, according to the broker. On “Deposit Funds”, users can select the desired crypto and then scan the QR code, which will automatically send funds to the provided wallet address.
The broker instantly converts the sum into the corresponding amount of fiat currency, and then send this fiat currency to the user account.
easyMarkets offers access to trading of shares, cryptocurrencies, forex, commodities and metals, with free guaranteed stop loss and negative balance protection. The online trading company is authorized by several jurisdictions, including CySEC, ASIC, FSA, and FSC.
European and Australian clients are excluded from this funding option. Only international clients will be able to use cryptocurrencies as a funding method.
In June, easyMarkets announced it has been granted a license from the British Virgin Islands (BVI) as the FX and CFD broker continually looks for new regulatory jurisdictions that can better benefit its customer base.
Its assertive expansion across the globe is requiring the trading firm to adopt infrastructure which ultimately protects clients and their funds.
The broker has been operating uninterrupted in the trading industry for 20 years. Founded in 2001, easyMarkets has recently added shares trading to its offering.
Volatility in the stock market is shaming the currency world and the FX industry needs to cater to its clients needs. Enter easyMarkets, with its new expanded list of products on MT4 that includes U.S. and European listed shares.
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