CMC Markets will offer leveraged trading on bitcoin and ethereum
London, 15 March 2018 – CMC Markets, a leading global provider of online trading, has today announced the launch of contracts for difference (CFDs) and spread betting on the original bitcoin and ethereum cryptocurrencies paired against the US dollar.
The offering is the result of significant interest from CMC Markets’ clients for bitcoin and ethereum spread bets and CFDs, and will build on the business‘s vast portfolio of financial instruments already on offer.
The new offering will allow customers to trade on cryptocurrencies without having to buy the digital currency through an unfamiliar cryptocurrency exchange. It will allow clients to trade with an established provider where funds can be deposited or withdrawn with ease.
Cryptocurrency spread bets and CFDs will initially only be available to CMC Markets’ professional client base.
Grant Foley, chief operating and financial officer at CMC Markets, commented:
“With the cryptocurrency market growing rapidly over the past 12 months, we have received significant interest from our clients for bitcoin and ethereum CFDs. As a result, we have developed a new offering for this unique digital asset class. We recognise that cryptocurrencies can be regarded as a volatile market, so we are initially only offering trading, on an exclusive basis, to our experienced professional client base.
"We have built our bitcoin and ethereum cryptocurrency offering with our clients in mind. Like all other financial instruments we offer, we always recommend that clients understand the risks and conduct thorough research before trading."
For further information, journalists can contact:
George Pitt, Lansons
020 7294 3626