Admiral Markets adds CFD trading in Dash, Monero and Zcash cryptos

Global forex broker Admiral Markets just announced that three new cryptocurrency CFDs have now been made available for trading on Admiral.MT5 accounts.

DSHUSD – Dash Vs. US Dollar CFD

Dash (DSHUSD) was first created in 2014 and, since then, has risen to become one of the most established projects on the cryptocurrency market. This cryptocurrency is an open-source, decentralised cash system designed for peer-to-peer payments, with an added privacy option. Similar to Bitcoin, Dash uses a blockchain ledger and is generated through the mining process.

XMRUSD – Monero Vs. US Dollar CFD

Monero (XMRUSD), is an open-source, decentralised cash system focused on private peer-to-peer payments. Like Bitcoin and Dash, this cryptocurrency is generated through mining. However, this process is made a little more open, as miners do not need to invest in specialised mining hardware. Instead, any computer can run a full node of the Monero blockchain ledger and mine for this cryptocurrency.

ZECUSD – Zcash Vs. US Dollar CFD

Zcash (ZECUSD) has also been around for some time, having been released in the second half of 2016. This cryptocurrency is an electronic cash system, designed specifically to handle peer-to-peer payments. Zcash provides an option for private (“shielded”) or public payments and, like Bitcoin, can be generated using specialised mining hardware (ASICs).

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