25 New Cryptocurrencies Available At OctaFX
OctaFX has added 25 new cryptocurrencies to its offering, including big names like Cardano (ADA), Binance Coin (BTB) and Polkadot (DOT). The new tokens can be traded with leverage up to 1:25 and are available on the broker’s MT4, MT5 and cTrader platforms.
Fresh Crypto Opportunities
Only five cryptos were previously available to account holders: Bitcoin, Bitcoin Cash, Litecoin, Ripple and Ethereum. Now, a string of popular and emerging tokens are available, including:
- ZCash (ZEC)
- Solana (SOL)
- Cardano (ADA)
- Polkadot (DOT)
- Cosmos (ATOM)
- Chainlink (LINK)
- Avalanche (AVAX)
- Binance Coin (BTB)
- Decentraland (MANA)
- Matic (MATIC/POLYGON)
Importantly, many of these tokens are among the largest by market capitalization, offering ample volume and volatility for aspiring crypto investors. Through the brand’s desktop and mobile trading platforms, clients can implement a range of strategies using automated and copy trading tools.
The broker’s 1:25 leverage opportunities mean investors could put down $100 and trade with $2,500 on the new assets. Note, leverage trading is risky so ensure you have a sensible money management system.
Crypto Landscape
Investors and market commentators are unsure what is next for major digital currencies like Bitcoin. Since recovering from its low of $34,750 in February of this year, the world’s dominant crypto has stabilized with some minor upward trends.
But with inconsistent approaches to regulating digital currencies globally amidst unsettling geopolitical events, the future of cryptos remains uncertain. Of course, some savvy investors will use this unpredictability to turn a healthy profit.
See our guide to trading cryptocurrencies here.
About OctaFX
OctaFX was launched in 2011 and is registered in St Vincent and the Grenadines. The company’s EU entity also holds a license with the Cyprus Securities & Exchange Commission (CySEC). More than 1.5 million live accounts have been opened in the last decade or so with trading opportunities on forex, indices, commodities and crypto assets.
Alongside the popular MetaTrader suite and cTrader, OctaFX also offers a mobile-based copy trading solution. Available on Android devices, users can find experienced investors and replicate their positions across accounts. Deposits, withdrawals and bonuses can all be managed from the mobile application.
OctaFX is an award-winning online broker with a decent portfolio of trading tools and varied market access. And its fresh digital currency assets will be welcome news for many aspiring crypto traders.
Follow the sign-up link below to get started today.
