With a range of offerings, tight spreads and easy withdrawals, Eightcap is set to provide a viable crypto derivative alternative to exchanges like Binance
Global CFD and forex broker Eightcap announced the launch of cryptocurrency derivatives on its MT4 and MT5 platforms in a move that directly addresses the increasing demand for exposure to digital assets among both retail and institutional investors. With the introduction of over 250 crypto derivatives, the announcement solidified Eightcap’s position as the largest crypto derivatives broker in the CFD sector.
Filling a crucial gap in the crypto derivatives sector
The launch will enable clients to move beyond the barriers of low withdrawal limits and regulatory concerns that come with using crypto exchanges and offers an effective financial mechanism to diversify one’s crypto portfolio, the press release stated.
It added that Eightcap will allow clients to trade a variety of popular crypto CFDs including crypto-crosses and crypto indices and enhance their trading experience by offering quick withdrawals and multiple funding options.
Eightcap will be the new home for crypto derivatives traders: CEO
Explaining the vision behind the initiative, Joel Murphy, the CEO of Eightcap stated that the broker seeks to be the new home for crypto derivatives traders by delivering an unparalleled offering. With the largest crypto derivative library and ultra-low spreads, the Melbourne-based firm is ready to set high standards in the industry, he added.
Murphy highlighted the regulatory issues currently being faced by exchanges like Binance and pointed out that Eightcap offers an out from the unnecessary hassles of dealing with crypto exchanges. “With us, crypto derivatives traders can have a seamless experience from the moment they open an account to when they want to withdraw their funds,” he explained.
Marcus Fetherston, Director of Operations at Eightcap further stated that Eightcap will only offer regulated leveraged derivative trading opportunities for crypto traders that offer more security than traditional offshore exchange platforms.
“We are thrilled to provide a solution that meets the needs of crypto derivative traders so that they can gain the best possible trading experience,” he added.
What Eightcap offers?
Eightcap is a rapidly growing financial trading company that is known for its competitive pricing, comprehensive client support and excellent execution technology. It caters to retail and institutional traders across forex, indices, commodities, and shares markets. With the introduction of crypto derivatives, Eightcap seeks to provide a wide range of crypto offerings, tight spreads and unparallel ease in deposit, trading and withdrawal