The crypto markets are the new frontier of trading, we have seen unprecedented movement – from astonishing peaks to abrupt crashes – behaviors and easyMarkets launches Ethereum and Ripple.movements no other instrument experiences or has experienced previously.
Bitcoin was immensely popular when we introduced it to our customers in 2017. After closely following the innovative cryptocurrency markets we found two more immensely interesting (but less visible) cryptos to add to our offerings – Ethereum and Ripple.
easyMarkets launches Ethereum and Ripple.
Ethereum is a blockchain based cryptocurrency like Bitcoin, whereas Ripple is a cryptocurrency payment protocol, touted as a solution to perform payments for institutional clients. Although Bitcoin was undeniably the markets’ star in 2017 – these two crypto-counterparts had equally impressive movements.
Ripple towards the end of 2017 had a notable 33014% overall climb with a market cap of $83.6 Billion. This was assisted by Ripple’s collaboration with institutional users like American Express.
Ethereum had climbed an astounding 8,885% from the beginning of 2017 until the end of that year with a respectable market cap of 69.3 billion. Purely as a cryptocurrency it seemed to even outdo its forefather – Bitcoin – by completing transactions quicker and more effectively.
they have also lowered our spreads on Bitcoin!
Of course, all of their cryptocurrencies include easyMarkets great trading conditions:
- There’s zero slippage on the easyMarkets web platform meaning your Ripple trades will be executed at the price you see on your screen.
- You can trade Ripple during its most active times, around the clock, five days a week.
- They got you covered with an in-depth eBook and plenty of other trading education resources.
- Make sure you have an exit plan in place by taking advantage of our 100% guaranteed Stop Loss and Take Profit.
- They cover your deposit and withdrawal fees, so that the amount you deposit or withdraw is the amount you receive.
- Negative Balance Protection means you can never lose more than you invest when you trade Ripple CFDs at easyMarkets.