Libertex Revealed Contract Trading in Bitcoin and Litecoin
- Bitcoins , Cryptocurrencies
- 10.07.2017 08:45 am
Contracts for difference for Bitcoin and Litecoin became available in Libertex trading platform to the European traders starting from July 6th, 2017. Now one can stake on either buying or selling of the cryptocurrencies.
Libertex Business Development Manager Andew Nikolaev said: “Nowadays the interest in cryptocurrencies is very high, and the number of people intending to invest money into cryptocurrencies grows in geometric progression. Launch of the contracts for these instruments in Libertex will satisfy the demand from European traders.”
On the back of the Bitcoin legalization in Japan, the cost of the mentioned cryptocurrencies increased significantly reaching the record value of USD 2,800. At the same time both the amount of people staking on their surge and the amount of people staking on the crash increased. Contracts for difference for Bitcoin and Litecoin, unlike physical buying of the cryptocurrencies, allow gaining profit not only from the assets appreciation but also from the assets depreciation. It makes the cryptocurrencies very attractive to traders.
The contracts for Bitcoin and Litecoin are available for trading both during business days and at weekends. This is why those people who trade during their spare time are interested in cryptocurrencies.