HYCM Broker Launches Ripple and Bitcoin Cash CFDs

HYCM has added XRP/USD and BCH/USD Contracts For Difference to the range of already available for trading cryptocurrency offerings
23 January 2018   1893

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.
 

Stavros Lambouris

HYCM, CEO

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 marketsHYCM 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

Trust Wallet to Add Credit Cards & XRP Support

Thanks to cooperation with the Simplex, Trust Wallet users can now buy cryptocurrency using credit card
13 March 2019   135

Owned by the Binance wallet Trust Wallet added support for the XRP token.

In addition, as reported in the Binance blog, thanks to cooperation with the Israeli payment processing Simplex, Trust Wallet users can now buy cryptocurrency using credit cards.

Recall that Binance acquired Trust Wallet last summer.