Libertex expands cryptocurrency CFD trading list to 40 instruments

After launching 12 cypto tokens for trading earlier this year, CySEC licensed online trading platform Libertex has announced that effective from May 23rd, 2018, European traders can perform operations with 34 new cryptocurrency CFD instruments.

The Libertex trading platform is operated by CySEC CIF licensed Indication Investments Ltd.

Andrew Nikolaev, Libertex Executive director highlighted:

Cryptocurrencies are one of the main trends in financial industry for the past couple of years. The demand for these assets grows significantly. We are happy to satisfy the demand of European traders for new innovative crypto-instruments launching them in our cutting edge Libertex platform.

The launch of cryptocurrency pairs in Libertex for EU traders follows a Circular from Cyprus financial regulator CySEC issued on May 15th, 2018, that introduces new rules for governing derivatives on virtual currencies. According to this Circular, CFDs on virtual currencies are considered as financial instruments.

Among the whole list of 40 cryptocurrency CFDs traders can find Ethereum, Ripple, Dash, IOTA and many others.

Read Also: