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Tickmill adds new CFDs on cryptocurrencies to its offer
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Tickmill adds new CFDs on cryptocurrencies to its offer

created Paweł Mosionek23 February 2022

An international broker Tickmill does not slow down. Just yesterday we informed you on extending the offer by the broker by 10 new contractsmeanwhile, today there is information about the addition of new CFDs on cryptocurrencies. These are Litecoin (LTC), Cardano (ADA), Ripple (XRP), Stellar (XLM), Chainlink (LINK) and EOS.

The cryptocurrency trend continues

This year, there is practically no week without popular Forex brokers extending their offers with new instruments. Of course, cryptocurrencies are on top, which, despite recent strong declines, attract speculators primarily with high volatility. Tickmill, who started with Bitcoin and Ethereum, and currently its clients already have 8 tokens at their disposal.

We have described all of the added crypto assets in the Forex Club pages. Knowledge base below:

  • Litecoin - is a peer-to-peer cryptocurrency and an open-source software project released under the MIT / X11 license. Litecoin, founded in 2011, was one of the first altcoins to be derived from the original open-source code of Bitcoin.
  • Cardano - Decentralized third-generation proof-of-stake (PoS) blockchain platform, designed to be a more efficient alternative to proof-of-work (PoW) networks. PoW networks like Ethereum have limited scalability, interoperability, and durability due to infrastructure workloads such as rising costs, power consumption, and slow transaction times.
  • Ripple - released in 2012 by Ripple Labs, Inc, is built on an open-source distributed protocol and has XRP as a native ledger cryptocurrency, powered by blockchain.
  • Stellar - Stellar Lumens - where Stellar is a blockchain network and Lumens are native tokens - is an open, decentralized money or token exchange protocol using the Stellar Consensus Protocol.
  • chainlink - a decentralized blockchain-based network built on Ethereum that delivers data from off-chain sources to on-chain sources and vice versa. Put simply, Chainlink enables smart contracts to securely and reliably access real-world information that exists outside of the blockchain.
  • EOS - blockchain-based, decentralized platform used to build, host and run business or dApps applications as its core functionality allows blockchain-based applications to be developed in a similar way to web applications.

Cryptocurrency CFDs available at Tickmill

tickmill cryptocurrencies

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.