Bitcoin continues to attract broker interest

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Not a good idea to trade crosses of coins, spread is high, price is inconsistent across the spectrum of cfd providers. I think it is best to stick to the original way of buying and trading through a crypto exchange. These broker type providers just want a new source of revenue from the new and unsuspecting.

honestly i think the crypto trading market will lose it appeal really soon.

How soon? And what makes you think that? :slight_smile:

Yup, no interest in the market today. :slight_smile:

50:1 leverage on cryptocurrencies?

That’s what one maverick broker, in one maverick jurisdiction, is offering.



From Finance Magnates



From LeapRate – this article is essentially similar to the Finance Magnates article

RoboForex raises leverage for Cryptocurrency trading up to 1:50

Since the launch JFD has made some changes.
They’ve added 4 other crypto CFDs to their offering and have lowered the spreads significantly.
BTC/USD used to be ~$50.
Which is insane.
Now it’s ~8$.
It makes much more sense to try and trade those CFDs now.

How’s GAIN approaching the crypto market for US residents, @FOREX.com? Any chance you open up some services here, or is the regulatory environment too unfavorable for such a thing?

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At this time, US regulations prohibit leveraged trading of cryptocurrencies in the spot market. However, bitcoin futures trading is available through our affiliate, FuturesOnline.

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