One of the largest UK based financial derivative dealer, CMC Markts have added three new cryptocurrencies, as they plan to increase their cryptocurrency offering. CMC Market adds Litecoin(LTC), Bitcoin Cash(BCH) and XRP on their platform.
Traders can open positions on CMC Markets through the following pairs, LTC/USD, BCH/USD and XRP/USD. The company said in a statement that they plan to go deeper into the cryptocurrency space. The company initially entered the cryptocurrency space by offering Bitcoin (BTC) and Ethereum (ETH).
David Fineberg, group’s Commercial Director, said in the statement,
“Since the successful launch of our cryptocurrency offering in March, and subsequent extension to retail clients in July, our clients have expressed interest in extending their trading options beyond Bitcoin and Ethereum. We are pleased to offer them the chance to take a position on Bitcoin cash, Litecoi, and Ripple, three altcoins which continue to generate much speculation among traders”
Getting listed on CMC Markets opens Litecoin, XRP and Bitcoin Cash to retail investors worldwide. CMC markets have 59,000 clients worldwide and 70 million trades are executed annually. The company is listed on the London Stock Exchange and has a market capitalization of 342 million pounds.
Litecoin recently got listed on every major cryptocurrency exchange recently and has now started expansion plans with exchanges serving retail investors.
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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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