Derivatives trading technology developer SpotOption announced today the addition of cryptocurrencies to its latest platform Spot5. From now on cryptocurrency trading will be available across the multi-product solution, including CFDs, MT4 Plug-In, etc.
Over thirty cryptocurrencies will be available for Spot5 broker clients, such as Bitcoin, Litecoin, Ethereum, Ripple, Dash, and more. Deposits can be made through a Bitcoin e-wallet and payment can be processed with either USD/EUR/GBP, and operators are not exposed to any exchange rates, according to SpotOption.
“Integrating the most popular assets into our technology has always been a priority at SpotOption,” says Pini Peter, founder. “At a time when the total market cap for Bitcoin alone has an estimated value of $64 Billion, it seemed only natural that we would include this popular and rising currency to our portfolio.”
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SpotOption explains to its clients that due to their volatility, cryptocurrencies are very attractive and marketable, and offering them can bring significant traffic to one’s trading website.
Spot5 focuses on complying with regulation in terms of trading products, as well as offering brokers and traders automated tools for running business activity and trading.
SpotOption was established in 2010, and has over two hundred employees, including programmers, developers, and designers. It has branches in the UK, Hong Kong, and the Middle East and clientele from around the globe, including Europe, Asia, Australia, Middle East, and Latin America.