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Ripple XRP and Bitcoin Cash Added By FXCM Group

MoneyTap Connecting Over Sixty Banks To Use XRP for FX, One Other Good News For Ripple

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Ripple XRP and Bitcoin Cash Added By FXCM Group

  • A new means for Ripple XRP and Bitcoin Cash (BCH) to get boosted in all spheres
  • FXMB clients initiate the addition, cryptocurrency getting needed exposure

A globally recognised provider of foreign exchange trading, CFD trading, Bitcoin (BTC) trading and trades related to the listed services, FXMB Group has recently announced the addition of Ripple (XRP) and Bitcoin Cash (BCH) in its quest to widen its cryptocurrency reach.

This latest addition of Ripple (XRP) and Bitcoin Cash is expected to leave noticeable and positive impact on the digital currencies in terms of value and global outreach.

FXCM customers will be opened to optional incentives while trading these digital currencies as CFDs. There won’t be any form of delay in sending traders’ earnings into their accounts as neither cold storage nor crypto wallet would be needed.

Customers will be allowed to input trades in parts using micronized CFD contracts, reducing the minimum space needed to enter a position in the process.

FXCM has been aspiring to include more digital currencies to its list since 2018 when it launched crypto CFDs in 2018, in order to satisfy the yearning of its clients that want diversification.

Also READ  Ripple Powered MoneyTap Gets Investment From 13 Regional Banks, Courtesy Of SBI Holding

CEO of FXCM Group, Brendan Callan, in reacting to the addition said they only yielded to the demand of their clients that want improvement in regards to crypto CFDs.

Callan said:

“Having successfully launched three different cryptocurrencies in the past 12 months, our clients are asking us to improve the range of crypto CFDs they can access.”

Callan added that the inclusion of Ripple’s XRP and Bitcoin Cash speak a lot about their preplanned means of expanding the reach of their business in the crypto sphere.

He said “The addition of Bitcoin Cash and Ripple marks the latest stage of growth for FXCM’s burgeoning cryptocurrency offering and is in direct response to increased demand from our clients.”

Ripple XRP and Bitcoin Cash prices in Crypto Market

Majority of the cryptocurrencies are presently experiencing drop in price. All the top 4 digital currencies continue to face drastic price plummet, as Bitcoin (BTC) lost about $1000 within some hours.

Also READ  Ripple Needs To Boost XRP Usage To Profit Investors

At press time, Ripple XRP is trading at $0.377, a lot below the feat it attained 24 hours ago, while Bitcoin Cash (BCH) dropped about 9% of its price in the last 24 hours.

Addition of XRP and BCH by FXMB Group is seen as added advantage to the two digital currencies and the crypto sphere at large.

I am a creative writer and a cryptocurrency enthusiast. Learning and writing about Bitcoin (BTC), Ripple's XRP, and TRON (TRX) are my hobbies.

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