CMC Markets adds bitcoin cash, litecoin and ripple to cryptocurrency offering

  • The addition of three altcoins builds on the launch of cryptocurrency trading to professional and retail clients
  • CMC Markets now offers leveraged trading on bitcoin, ethereum, bitcoin cash, litecoin and ripple

CMC Markets, a leading global provider of online trading, has today expanded its cryptocurrency spread betting and contracts for difference (CFDs) offering to include three additional coins: bitcoin cash, litecoin and ripple. Clients can now take a position on the three altcoins paired against the US dollar.

The move follows CMC Markets’ extension of its cryptocurrency offering from professional to retail clients in July. At launch, the platform offered bitcoin and ethereum.

David Fineberg, Group Commercial Director, said: “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, litecoin and ripple, three altcoins which continue to generate much speculation among traders.

“Spread bets and CFDs offer a way to trade on cryptocurrencies as clients can take a position on market movements without owning the asset. By trading with an established provider, funds can be deposited and withdrawn with ease, avoiding the risks of purchasing cryptocurrencies directly through an exchange. However, like all other financial instruments we offer, we always recommend clients understand the risks and conduct thorough research before trading.”

For more information please visit: https://www.cmcmarkets.com/en-gb/cryptocurrencies

For further information, journalists can contact:

Hannah Taylor, CMC Markets

H.Taylor@cmcmarkets.com

020 3003 8895

George Pitt, Lansons

georgep@lansons.com

020 7294 3626

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