Saxo Markets Launches BTC, ETH, & LTC Trading on ‘Strong Demand’

Saxo Markets has launched a cryptocurrency offering enabling its clients to trade Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) against the dollar, euro, and yen, from a single margin account.

Due to being in the form of derivatives, clients can go both long and short on these cryptocurrencies.

The company is targeting mass affluent and emerging-affluent clients for its latest offering. Over the next few weeks, this will be launched in different countries.

This new service was introduced on the back of “strong demand,” said Saxo Markets APAC Chief Executive Officer Adam Reynolds.

“The active trading clients are going to be the ones most interested in this,” Reynolds said, “and that will include people who are active traders in FX, but also people like active traders in tech stocks.”

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Author: AnTy

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