easyMarkets introduces Crypto as funding method

Rick Steves

European and Australian clients are excluded from this funding option. Only international clients will be able to use cryptocurrencies as a funding method.

easyMarkets is now allowing its clients to deposit and withdraw in six different cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Tether (ERC20), Tether (TRC20), and Litecoin.

Ohad Golan, Chief Marketing Officer at easyMarkets, said: “We are delighted to now allow our clients to deposit and withdraw their cryptocurrency funds. Cryptocurrencies have seen immense growth recently, and we’re excited to enable traders to partake in its future growth over the coming years.

“Alongside these new crypto funding offerings, we also have our μBTC account, which allows our clients to trade in Bitcoin, with no fiat exchange required. This means it’s now possible to either deposit crypto and trade in fiat currency, or deposit Bitcoin and trade exclusively with Bitcoin.” Both of these new funding options, we believe, will help provide more freedom and choice when trading with easyMarkets.

Funding the account with cryptocurrency gives clients the same access like any other funding method, according to the broker. On “Deposit Funds”, users can select the desired crypto and then scan the QR code, which will automatically send funds to the provided wallet address.

The broker instantly converts the sum into the corresponding amount of fiat currency, and then send this fiat currency to the user account.

easyMarkets offers access to trading of shares, cryptocurrencies, forex, commodities and metals, with free guaranteed stop loss and negative balance protection. The online trading company is authorized by several jurisdictions, including CySEC, ASIC, FSA, and FSC.

European and Australian clients are excluded from this funding option. Only international clients will be able to use cryptocurrencies as a funding method.

In June, easyMarkets announced it has been granted a license from the British Virgin Islands (BVI) as the FX and CFD broker continually looks for new regulatory jurisdictions that can better benefit its customer base.

Its assertive expansion across the globe is requiring the trading firm to adopt infrastructure which ultimately protects clients and their funds.

The broker has been operating uninterrupted in the trading industry for 20 years. Founded in 2001, easyMarkets has recently added shares trading to its offering.

Volatility in the stock market is shaming the currency world and the FX industry needs to cater to its clients’ needs. Enter easyMarkets, with its new expanded list of products on MT4 that includes U.S. and European listed shares.

Read this next

blockdag

Discover 5 Altcoins to Skyrocket Your Wealth This Cycle 🚀

The bull run of 2024 ignites fresh excitement for anyone looking to increase their wealth.

blockdag

BlastUP Presale Hits $7M; Final Days to Buy $BLP

BlastUP, the premier launchpad on Blast, has confirmed its robust utility by successfully launching its first IDOs. As its presale nears completion, it continues to garner significant attention from crypto enthusiasts. The amount of funds raised so far is approaching 7 million, and BlastUP already boasts a large and passionate community of supporters.

blockdag

BlockDAG Network: The Mobile Mining Revolutionizing Crypto Mining

A Simple Guide on How to Mine BDAG and its Benefits.

blockdag

BlockDAG’s $600M Masterplan Shocks the World: Outperforms Retik Finance After Jaw-Dropping Piccadilly Circus Spectacle

Discover how BDAG dominates the global market as Retik Finance struggles at launch, showcasing a robust $600M growth plan and securing strong investor confidence.

Education

Top Business Ide­as for Success in 2024

Looking for the best busine­ss ideas to start in 2024? Our guide will help you find promising options. We­ cover sectors like digital, we­llness, and green innovations se­t for growth next year. 

Digital Assets

Coinbase seeks to dismiss SEC lawsuit citing new crypto laws

Crypto exchange Coinbase has renewed its efforts to appeal a judge’s ruling in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing recent legislative developments in Congress.

Digital Assets

Elon Musk mourns Kabosu, Dogecoin responds with price jump

Dogecoin (DOGE) price climbed on Friday after the passing of Kabosu, the Shiba Inu who inspired the meme cryptocurrency.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: FED, Eurozone Economic Outlook, US Dollar Index, May 24 ,2024

Despite positive US data, the Fed is likely to hold interest rates due to global slowdown concerns, lingering inflation, and internal disagreements. Markets expect potential cuts later in 2024.

blockdag

Unmatched FOMO: BlockDAG’s 30,000x ROI and 800% Price Surge Shocks Investors, Flee Retik Finance After Digifinex Listing!

Explore why BlockDAG’s presale, now over $32.4M, is diverting investors from Retik Finance’s recent Digifinex debut.

<