UK headquartered Contract For Difference (CFD) trading platform, INFINOX, on Thursday, the 17th of March 2022 – announced the launch of cryptocurrency-pegged CFDs. The end-to-end solution will enable platform users to, seamlessly, participate in the trading of digital assets.
The global CFD-based trading instrument provider, INFINOX, has just initiated a cryptocurrency-based trading service. The service will be available to the UK FCA (Financial Conduct Authority) and Bahamas-based Securities Commission regulated entity’s global client base.
The firm, which operates in various countries across South America, Africa, the Middle East, as well as South-East Asia, now enables its customers to trade crypto-assets price moves in, both, Long and Short positions. Infinox allows for the trading of digital asset prices, through CFD financial products, without having to hold any of the 18 assets available in the newly launched service.
INFINOX currently charges zero fees for withdrawal, or deposit, while offering low minimum deposits for trade. Among the 18 assets available on the platform are crypto market head runners, Bitcoin ($BTC) and Ethereum ($ETH), along with altcoins like Cardano ($ADA) and Dogecoin ($DOGE.)
“Through our expertise of more than 10 years as an FX & CFD broker, and our dedication to top-grade customer service, our newest crypto solution ensures that traders can gain access to this rapidly growing market, and trade crypto pairs of their choice.” – Sam Chaney, Head of Sales, INFINOX.
When trading crypto through the popular Forex (Foreign Exchange,) and CFD platform, customers can speedily trade digital assets 24 hours a day. All while hedging positions through Longs and Shorts.
Traders can also take advantage of the platform’s liquidity while enjoying minimal fees while enjoying the benefits of operating on a regulated trading platform. They will have access to the most popular digital assets while being able to copy proven strategies via IX Social or an automated community app.
“The crypto wave is undeniably here. Yet from an industry perspective, there’s a lot to be done to make sure that crypto trading products are accessible globally and without exorbitant fees. This is what we’re committed to achieving,” – Chaney