HYCM Launches Ripple and Bitcoin Cash Trading
The broker has added two new crypto-pairs to its offerings to include XRP/USD and BCH/USD pairs. HYCM, the multi-regulated, award-winning broker, has expanded its cryptocurrency offerings adding Ripple and Bitcoin Cash pairs, XRP/USD and BCH/USD to its range of trading instruments.
The decision to add Ripple and Bitcoin Cash, follows rising demand from investors amid the cryptocurrency boom. The broker now offers 24/5 leveraged trading on a selection of the most volatile virtual currencies which also include Bitcoin, Ethereum and Litecoin, coupled with low spreads and competitive margins.
Ripple (XRP) is a transaction network and crypto token which recently experienced a strong period of growth. Bitcoin Cash (BCH), a blockchain derived from the Bitcoin blockchain which followed the split of Bitcoin (hard fork) in August 2017, has also recently experienced gains as investors seek to diversify their portfolios through investing in altcoins.
HYCM is acknowledged as one of the first brokers to launch cryptocurrency CFD trading. The latest additions to its offerings make it simpler and more accessible for investors looking to capitalise on the performance of the most in-demand cryptocurrencies while reinforcing the company’s position as one of the industry’s leading brokers.