Categories: News

Litecoin[LTC], Bitcoin Cash[BCH], Ripple[XRP] listed on CMC Markets, expand cryptocurrency offering

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.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

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.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Alibaba and JPMorgan to Revolutionize B2B Commerce with Tokenized Dollar and Euro Payments

A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…

2 days ago

Vitalik Buterin’s Warning: Why Your Favorite Web3 App Isn’t Real Crypto

The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…

2 days ago

Bitcoin Dips Below $95K: Is the Bull Market Over or a Brief Reset?

Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…

2 days ago

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 year ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

1 year ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

1 year ago