British Retail Forex Broker FXOpen UK Launches CFD Pairs on Major Cryptocurrencies


FXOpen UK, the FCA-regulated, London-based division of popular retail brokerage FXOpen, announced yesterday that all clients will be allowed to trade a select number cryptocurrencies as CFDs with a maximum leverage of 1:3:
"Cryptocurrencies can experience very high volatility and trade 7 days a week. Leverage is limited to 1:3 for all clients."
While clients of FXOpen.com, the Nevis-registered and regulated division of FXOpen, have had the ability to deposit, withdraw and trade the major cryptocurrencies since 2014, clients registered with FXOpen UK were previously unable to trade digital currencies like Bitcoin & Litecoin.

According to FXOpen UK, clients can now trade six cryptos (Bitcoin, Litecoin, Emercoin, Namecoin, Peercoin and DASH) against each other and other national currencies like the USD, EUR, CNY and GBP.

The initial rollout includes a total of 24 different trading pairs. Russian ruble crypto-pairs are also available!

And unlike traditional FX pairs, clients at FXOpen UK will be able to trader on these pairs 24/7.





Payza Launches New Cryptocurrency Address Manager for Bitcoin


Payza, a UK-based online payments platform with more than 13 million clients, launched its new Cryptocurrency Address Manager (CAM) today. Payza said the new service allows all clients to generate and use new Bitcoin addresses on the fly:
"These are multi-use addresses that can be used to receive Bitcoin from other Bitcoin wallets without first having to set up an Add Funds by Bitcoin transaction."
Each Payza customer will be allowed to have a maximum of 50 cryptocurrency addresses at a time. While the new functionality is only accessible via the desktop Payza platform at launch, the company said its mobile app will also be equipped with the CAM in the near future.

Additionally, Payza said on its blog that it plans to add support for other cryptocurencies "in upcoming releases."