Retail forex broker FXOpen is again showing its commitment to cryprocurrency traders by launching Dash-based pairs and being the first ever in the market to do so. The firm announced that it is now offering DSH/BTC as well as ETH/RUB (ether/Russian ruble) for both its demo and live crypto users.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
We expected this move by FXOpen last month when the brokerage first added Ethereum support with ETH/USD and ETH/BTC pairs. This was done not long after BTC-e revealed that it had successfully completed the addition of two new trading pairs based on Ethereum and Dash. At the time we predicted that this move by BTC-e might help Ethereum and Dash become more popular with active retail MT4 traders, especially in Russia and China.
The Participants in Forex Trading and their Role in the MarketGo to article >>
Natalia Zakharova, Head of Global Sales at FXOpen, commented to Finance Magnates: “After we introduced ETC/BTC and ETC/USD in May 2016 we received a lot of positive feedback from our clients and significant interest in ETC liquidity. So the next logical step is to anticipate our clients future needs and introduce dashcoin, which is a hot new instrument right now.”
Dash, the cryptocurrency formerly known as DarkCoin, marked its second birthday back in January with a vote among its stakeholders to increase the blocksize from 1 MB to 2 MB. Evan Duffield, creator and chief architect of Dash, shared his thoughts with Finance Magnates about this move and his creation at the time.