Genesis Trading Volume Grew by 50% Over the Year

As reported, in 2018, the volume of OTC transactions on Genesis increased by 50%
11 January 2019   298

According to representatives of the New York over-the-counter trader Genesis Global Trading, despite the long bear market, the company "has grown significantly." This is reported by The Block.

The letter to customers states that in 2018, the volume of OTC transactions on Genesis increased by 50%. In addition, in less than a year, the volume of cryptocurrency loans issued to institutional clients amounted to $ 1 billion.

Genesis Global Trading is a SEC and FINRA registered broker and is part of the business empire of Barry Silbert and his Digital Currency Group. Last May, it received a BitLicense, which allows it to operate in New York State.

The company began issuing loans in Bitcoin, Ethereum, XRP, Bitcoin Cash and other currencies in March last year. Borrowers, which include hedge funds and other financial institutions, use these funds to play to lower the price of digital currencies, as well as to hedge investment positions.

eToro to List TRON

Tron became the 15th asset available at eToro; it can be purchased through various payment systems
25 March 2019   82

The eToro social investment platform, with more than 10 million users, has added support for Tron cryptocurrency (TRX).

The news of this, in particular, was shared by the founder of the TRON Foundation, Justin Sun.

According to him, Tron became the 15th asset available at eToro. The digital asset can be purchased through various payment systems, including Visa, MasterCard, UnionPay, Webmoney, PayPal, Yandex.Money, etc.

The eToro blog says that TRX also supports the CryptoPortfolio service, which allows investors to create diversified portfolios in one click.

In addition to Tron cryptocurrency on eToro, Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, Binance Coin (BNB) and ZCash are available.