XTB with the new CFD offer for cryptocurrencies. As many as 25 instruments!
X-Trade Brokers introduces a new, comprehensive offer of instruments CFD on cryptocurrencies. Customers will be able to trade up to 25 various cryptocurrency pairs, including crypto-crypto. Thus, it is one of the most comprehensive trading offers on cryptocurrencies among Forex brokers.
New crypto instruments in XTB
Among the list of cryptocurrency assets, we find primarily basic virtual coins such as Bitcoin, Ripple, Ethereum, or Litecoin, but also less known such as Monero, Cardano, Zcash, NEM and others. But it is not everything. In addition to cryptocurrencies valued against the US dollar, there will also be instruments called krypto-krypto, that is, where the pair consists of two cryptocurrencies.
XTB's offer includes, among others: Cardano / Bitcoin (ADABTC), Tron / Ethereum (TRXETH), Miota / Bitcoin (IOTABTC).
Omar Arnaout, President of the Board of XTB:
"We strive to be a complete investment company and implement the previously planned product diversification strategy. Therefore, we decided to make available a very wide CFD offer for cryptocurrencies. The total number of instruments reaches as much as 25 CFD for cryptocurrency pairs, which can be traded both for growth and for the fall in quotations. "
New trading conditions
Until now, XTB has allowed the trading of cryptocurrencies with a time limit of maintaining the position to a maximum of 7 days (this restriction still functions in a few other brokers). With the extension of the range of instruments, this limit is lifted, and CFD positions based on virtual coins will be covered by conditions identical to the rest of the instruments. Thanks to this, the maximum time to maintain the position will be 365 days.