B2Broker Adds 40 New Cryptocurrency CFD Pairs Along with Increased Liquidity Offerings
B2Broker, a company that works in the financial sector as a liquidity provider for foreign exchanges (forex) and cryptocurrencies, has recently announced that the company is set to make a really big upgrade. According to the company, a total of 40 new crypto contracts for difference (CFD) pairs will be launched soon.
In case you are not familiar with crypto CFD pairs, they basically are all major cryptos together paired against fiat currencies. Basically, they are groups of currencies against groups of currencies or assets, which give people variable options to make investments.
The variety of CFD pairs gives place to an interesting variety in the company. For instance, one of the trading pairs is comprised of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple’s XRP and Bitcoin Cash (BCH) against Gold (XAG) and Silver (XAU).
This, specifically, is very important because it pairs major digital assets with some of the most traditional investments like gold and silver. In fact, B2Broker is one of the first companies to be offering this kind of service now.
You would be wrong to think that the company is currently satisfied in offering only these new pairs on its platform. At the moment, the company is already planning its future as well as the present. Because of this, the liquidity provider wants to offer 250 new trading pair for its institutional clients, which will be even more complete.
These pairs may include the traditional crypto against crypto, crypto against commodities like even gas and oil are options that will be available in the future. Many cryptos will also be paired with not so popular fiat currencies like the Canadian Dollar (CAD), Hong Kong Dollar (HKD), Russian Ruble (RUB) and the Swiss Franc (CHF).
In addition to all this, the company has announced that USDT, GUSD, TUSD, USDC and PAX would now be tradeable against USD and EUR.
Arthur Azizov, the CEO of B2Broker, has commented on this new offering. According to the man in charge, the company in an impressive position now as it is able to offer a very diversified portfolio. Also, the company is experienced in offering liquidity and it does it for many important companies like OneZero, PrimeXM and AMT. This way, brokers can connect directly with it in order to achieve more liquidity.
He has affirmed that any broker can directly connect to the company and, free of charge for those who use MT5 and MT4 platforms, they can trade. This, the CEO believes, is important so that the company will achieve its goal to emerge as a very important company in the area and to create its presence as a global leader in the industry.