HYCM (Henyep Capital Markets), a popular licensed and regulated Forex broker, has announced the launch of Ripple and Bitcoin Cash cryptocurrency CFDs, which are financial derivatives that allow traders to take advantage of prices moving up or prices moving down on underlying financial instruments.
HYCM added Ripple and Bitcoin Cash to already existing cryptocurrency offerings, such as Bitcoin, Litecoin and Ethereum following the increasing demand from investors in the wake of cryptocurrency popularity.
There is no doubt that cryptocurrencies play a key role in forex trading as well as in the industry as a whole. We are expanding our offerings to help our clients diversify in cryptocurrencies in the same way as they do in traditional instruments. By adding Ripple and Bitcoin Cash to our platform, HYCM is making it easier and more accessible for investors seeking opportunities to capitalise on the performance of even more of the most in-demand cryptocurrencies.
HYCM is considered one of the first brokers to launch cryptocurrency CFD trading, and the latest cryptocurrency CFDs additions to HYCM offerings is likely to make the company one of the industry’s leading brokers.
HYCM Forex Standart Markets
At the moment of press, these are the main parameters of Ripple and Bitcoin Cash:
XRP. Price. $1,25
Marketcap. $48 480 487 662
24h Volume. $2 895 190 000
BCH. Price. $1 545,28
Marketcap. $26 157 340 880
24h Volume. $700 539 000