Forex Broker XTB Expands Offering to Bitcoin, Ethereum Trading

Polish brokerage X-Trade Brokers (XTB) will begin cryptocurrency trading. XTB is the latest brokerage firm to include cryptocurrencies in its platforms due to mounting popularity. Finance Magnates talked to XTB’s owner Zablocki who was not shy of mentioning the instrument’s potential in the industry and its growing popularity in the world. XTB’s decision to include this instrument seems to have been attributed to this growth coupled with the significant trading volumes that Bitcoin and other cryptocurrencies have experienced in recent times. XTB and other players in the industry seem to have picked up these signals.

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XTB Forex BrokerXTB has decided to include new trading instruments which include Ethereum and Bitcoin, among others in an effort to strengthen its main product suite. The inclusion of these leading cryptocurrencies comes at a dynamic time which saw Bitcoin and Ethereum hit record highs this June due to a growing demand among customers.

Clients will gain access to the updated XTB system as from 25th June. The changes will take effect in both the Standard and Pro offerings. Some of the new pairs that will be available include XRP/USD, ETH/USD, LTC/USD, BTC/USD, and DSH/USD. However, these changes will be made available only on the xStation platform. Similarly, XTB has taken a precautionary measure by setting the highest cryptocurrency pair values at fifty lots for all open positions.

Cryptocurrency Trading suffered significant blows due to outages at Coinbase. The situation was attributed to unprecedented surges in trading volumes and traffic over the peak periods. Consequently, both Ethereum and Bitcoin exhibited sharp drops. Such an exchange outage experienced at Coinbase is as a result of the crypto prices that the market displays. Some customers were displeased by the outages as they couldn’t take advantage of the dip to purchase more cryptocurrencies. It is a situation that stirs up fear throughout the cryptocurrency ecosystem.

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