OctaFX Expands its Cryptocurrency Trading Offering by 25 New Cryptocurrencies

OctaFX, an international Forex broker, has lately launched 25 additional cryptocurrencies matched with the US dollar, which will be available for trading on its platform on March 14, 2022.

A quick summary of the market

The whole cryptocurrency market is volatile because no one knows where bitcoin will go next. After rebounding from a low of 34,750 US dollars on February 24, the world's first cryptocurrency is moving sideways with an occasional uptick, indicating that some market players are modestly positive. At the time of writing, the price of bitcoin is slightly more than 39,000 US dollars.

Until recently, OctaFX only supported five cryptocurrencies (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple), all of which were matched solely with the US dollar. Anyone may begin trading any of the 30 cryptocurrency pairings as of today.

Here is a list of only 10 of the 25 new pairings added by the worldwide Forex broker:

• Solana (SOL)

• Cardano (ADA)

• Binance Coin (BNB) (BTB)

• Cosmos (ATOM) Matic (MATIC/POLYGON) ZCash (ZEC)

• Decentralization (MANA)

• Polka dotted (DOT)

• Linking Chains (LINK)

• The avalanche (AVAX)

These new cryptocurrencies are among the greatest market capitalizations, making them a popular pick for any intelligent trader looking to minimize volatility while taking advantage of market chances.

All of these pairings have a maximum leverage ratio of 1:25. To get a comprehensive list of all available cryptocurrencies, click here.

OctaFX Information

OctaFX is a multinational broker that has been offering online trading services to clients all over the globe since 2011. It provides everything a person needs to achieve their financial objectives, as well as top-tier conditions that have previously been used by 7.5 million individuals worldwide.

The corporation is active in a wide range of charitable and humanitarian efforts, such as the construction of educational facilities, quick-response relief programs, and assistance for local communities and small to medium-sized businesses.

In addition, OctaFX has received over 45 accolades since its inception, including the 2021 'Best Forex Broker Asia' award from Global Banking & Finance Review and the 2021 'Best ECN Broker' award from World Finance.