SimpleFX Expands Crypto Offering

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Written By
Contributor Image
Written By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

SimpleFX has bolstered its suite of crypto tokens, providing opportunities on digital assets that use the latest blockchain technology.

Cryptocurrency trading is high-risk. Only invest what you can afford to lose.

Key Takeaways

  • Avalanche (AVAX), Polygon (MATIC), Filecoin (FIL) and Fetch.ai (FET) are available at SimpleFX.
  • The total number of crypto tokens available is now 26, including major tokens like Bitcoin, Ethereum and Litecoin.
  • Clients can trade the latest cryptos on SimpleFX’s TradingView-powered platform with dynamic spreads.

Avalanche has been designed for speed and flexibility within blockchain activities. It utilizes a triple-chain system to ensure scalability and effectiveness.

Polygon improves Ethereum applications by enhancing performance. It uses technologies like Plasma and sidechains to improve processing speeds.

Filecoin is making strides in data storage. Its decentralized storage solution, which shares data across various locations, improves security and reduces redundancy.

Fetch combines artificial intelligence with blockchain technology to automate operations and allows smart devices to interact, increasing transaction efficiencies.

Trading Filecoin on SimpleFX platform
SimpleFX Web Platform

About SimpleFX

SimpleFX is an offshore broker, allowing it to offer high leverage up to 1:1000 in return for limited regulatory protections. It’s regulated by the FSC in Mauritius and registered in St Vincent and the Grenadines.

Alongside crypto derivatives, SimpleFX supports trading on forex, indices, commodities, metals and stocks in the US, UK, Germany, France, Japan, Sweden, Turkey and Brazil.

New traders can open a live, multi-currency account with zero minimum deposit and can transfer funds using cryptocurrencies.

SimpleFX is an online broker specializing in CFD and cryptocurrency trading, with multi-currency accounts, STP execution, low pricing and no minimum deposit. Bringing innovation and gaining recognition at numerous industry events since 2014, SimpleFX now caters to retail traders from over 190 countries, boasting a client base exceeding 200,000 active users.