eToro, the social trading brokerage firm, has given a boost to the digital currency sector by enabling customers to trade bitcoin, ethereum, ethereum classic, litecoin and ripple cryptocurrencies on its platform. The move allows clients to benefit from active exchange rates, and is further evidence of the growing demand for alternative asset classes. Bitcoin price surged above $11,000 at one point in early December, but then fell back below that level as investors became concerned about regulatory crackdowns around the world.
eToro, the social trading brokerage firm, has given a boost to the digital currency sector by enabling customers to trade bitcoin, ethereum, ethereum classic, litecoin and ripple cryptocurrencies on its platform. The move allows clients to benefit from active exchange rates, and is further evidence of the growing demand for alternative asset classes. Ayondo, XTB, JFD Brokers and Instaforex, among others, have also also launched cryptocurrency trading pairs, with market expectations that more retail platforms will follow.