• Dukascopy expands its cryptocurrency offering with the addition of ten new instruments

  • Dukascopy, a Swiss online trading platform, has expanded its cryptocurrency offering by adding ten new crypto-fiat trading pairs. It has included some of the most popular cryptocurrencies that are in high demand among retail traders.

    “Dukascopy continues its crypto expansion by significantly improving its overnight rates for crypto instruments and launching trading for 10 new cryptocurrency pairs,” the brokerage said in a statement.

    Cardano, Aave, Basic Attention Token, Compound, Enjin, Chainlink, Polygon, Maker, Uniswap, and Yearn Finance are the new cryptocurrencies. They have all been added to the US dollar.

    Crypto is a bullish investment.

    Dukascopy has remained an early adopter of cryptocurrencies, even launching its own Dukascoin. The platform now offers a total of 19 crypto instruments with the addition of the ten crypto-fiat pairs.

    “Dukascopy is constantly expanding its list of trading instruments to meet the needs of its customers,” the broker added. To further encourage traders in the thriving crypto market, it recently added Tether as a deposit method and increased maximum crypto deposit limits to $100,000.

    The new crypto trading instruments, as detailed in the official announcement, will be available to traders with Dukascopy Europe JForex self-trading accounts. The Swiss brokerage, on the other hand, is determined to bring crypto CFDs trading to the legacy MetaTrader 4 trading platform and has launched services for some of the pairs.

    Meanwhile, Dukascopy has continued to attract trades’ attention at a time when retail trading demand is skyrocketing. The company ended fiscal year 2020 with a record net profit of CHF 10.4 million, a 374 percent increase over the previous year. ULTCOIN365 recently reported that the broker strengthened its balance sheet by increasing total assets by 9.8 percent.

    What's your reaction?