As a broker that provides online trading worldwide, OctaFX once again coming up with new entries of their trading instrument.�At the end of December, OctaFX launched two new cryptocurrency pairs that internet users have been waiting for.
At the end of December, OctaFX launched two new cryptocurrency pairs that internet users have been waiting for, Bitcoin Cash (BTC) and Ripple (XRP). Just early this month, the cryptocurrency market has topped $1 trillion for the first time in twelve years, because Bitcoin opens 2021 with a record high value of $40,000.
OctaFX Release Two New Cryptocurrency Assets
Many experts already predicted the price of crypto assets will strengthen even more within the year. The same optimism was also carried by OctaFX by introducing two new digital currencies at the end of last December. After successfully releasing BTC, ETH, and LTC, now the broker, which was founded in 2011, has added BitCoin Cash (BTC) and Ripple (XRP).
OctaFX sees both new entries as a good investment in the future as BTC is currently really popular, ranks 5th among other cryptocurrencies on the market. On top of that, recently Ripple also manages to climb back up crypto ranking after a roller-coaster last year. Those new digital tokens can be used for trading on MetaTrader 4, MetaTrader 5, and the OctaFX trading application.
Not only launching new products, OctaFX also increasing their leverage by 1:10, so that clients can buy and sell more cryptocurrencies and maximize their potential profit. If clients wants to trade cryptocurrencies with a leverage of 1:10, they just need to set the account leverage to 1:500 on MetaTrader 4 and 1:200 on MetaTrader 5.
With more than two million trading accounts, those new products and high leverage are expected to draw more crypto traders to join OctaFX.
OctaFX is an international forex broker that operates worldwide. The domain belongs to a group of companies called Octa Markets Incorporated which is registered with St. Vincent and Grenadines FSA. Currently, the company focuses on Asian, South African, and Australian markets. OctaFX.com does not accept European clients as this market is specifically appointed to OctaFX.eu (regulated by CySEC).