It is being highly noticed that the demand for altcoins is increasing in today’s crypto market. Most of the exchange platforms are concentrating on expanding their record of coins and are looking for many other viable coins. As the current market values are booming, cryptocurrencies are capturing the attention of many trading companies across the world.
ADS Securities, a global brokerage headquartered in Abu Dhabi has confirmed that they have added Ripple, Litecoin and Bitcoin Cash to their existing cryptocurrency trading platform. ADS is one of the leading Forex and bullion trading platforms in the Middle East. They take the pride of delivering high quality and well-funded FX trading platform to its traders.
A Twitterati says:
“ADS Securities, one of the heavyweight FX and CFD brokers in Europe and the Middle East, today announced in a corporate statement that it added #Ripple #XRP to its proprietary OREX platform.”
The firm introduced Bitcoin to their CFD trading platform during September 2017.
According to the Global Head of ADS, they were the first organization to introduce cryptocurrency trading in the Middle East and North Africa Region [MENA]. The team strongly believed that introduction of cryptocurrency trading would increase the flexibility and provides good investment opportunities to its traders.
Soon the traders accepted Bitcoin trading as a safe and alternative trading option. The positive results of introducing Bitcoin trading led the team soft-launch some of the other cryptocurrencies to its existing users in the month of March. They noticed that it has been more productive and also received positive feedback from its customers and made these currencies permanent on their list.
Jason Hughes, the Global Head of ADS says:
“Cryptocurrencies have been making waves for some time, however now that understanding of the market is growing, we believe it is the right time to introduce more coins on to our OREX Platform”
All the three currencies are available for trading from today along with Bitcoin and Ethereum.
Currently, Ripple, Bitcoin Cash, and Litecoin are trading at the top 5 positions just below Bitcoin and Ethereum based on their market cap ranging from $6.72 billion to $19.74 billion.
Subscribe to AMBCrypto’s Newsletter
Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
Crypto News – 24 June – Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
— AMBCrypto (@CryptoAmb) June 24, 2019
Crypto News – 24 June
Erik Voorhees on Bitcoin: According to the CEO of Shapeshift, Bitcoin’s relative traceability has allowed governments to become comfortable with it
Read more at https://bit.ly/2WVviJW
Max Keiser on gold’s ‘resurgence:‘ Max Keiser made news after he stated that Bitcoin’s growing popularity as a competing store of value and millennials were responsible for gold resurfacing in the conversation about store of value assets
Read more at https://bit.ly/2Xve2zp
Tron back in the top 10: A month after CEO Justin Sun promised to get Tron back in the top 10 of the world’s largest cryptocurrencies, TRX surged by over 6% to achieve the same by overtaking Cardano
Read more at https://bit.ly/31TXekX
Bank of International Settlements on Libra: While talking about Facebook’s Libra, BIS’s report attested to the need for sound public policy, financial regulation, competition regulation, and data privacy regulation
Read more at https://bit.ly/2Fsoptu
Bitcoin short futures position on the rise: According to a Twitter user, 70% of all Bitcoin short futures position are taken by four traders
Read more at https://bit.ly/31Om4CQ
LocalBitcoins’ Russian Ruble trading charts: According to CoinDance, the weekly LocalBitcoins chart revealed that the Russian Ruble [RUB] recorded towering volumes, even after the June 1 cash-exodus announcement
Read more at https://bit.ly/2JgRWYz
Howard Chu on Monero: According to the Founder of Symas Corp., Monero was “outstripping” other projects in the space which have larger budgets, in light of the new features added to Monero
Read more at https://bit.ly/2Y8IsEQ
Subscribe to AMBCrypto’s Newsletter