July 21, 2017

Fortrade now offers Bitcoin, Litecoin, Ethereum, Dash Crypto-Currencies!

Dash, Litecoin and Ethereum are not available for trading with Fortrade.

Crypto currencies are an innovative way of virtual payment systems that do not rely on the authority of the central bank as the main maker of money in circulation.

Litecoin was one of the first cryptocurrencies after Bitcoin. It is tagged as the silver to the digital gold bitcoin.

It is faster than bitcoin, with a larger amount of token and a new mining algorithm. Ethereum Unlike Bitcoin Ethereum can not only process transactions but complex contracts and programs. Ethereum itself is a host of several Token like DigixDAO and Augur.

This makes Ethereum more a family of cryptocurrencies than a single currency. Dash is an open source peer-to-peer cryptocurrency that offers all the same features as Bitcoin but also has advanced capabilities, including instant transactions.

You can trade with these crypto currencies under the following conditions:

  1. All positions on these symbols will EXPIRE during the weekend – which means you can not hold open positions on these instruments during the weekend. The positions will be closed in Friday’s closing price.
  2. All types of pending orders will NOT be available for any of these symbols (Buy/Sell Stop, Buy/Sell limit, Stop loss and Take profit).
  3. Leverage will be 1:5.
  4. Starting next week we will close the crypto coins for trading on Friday at 23:00 GMT (1 hours before the platform is completely closed), and close all of the open positions on crypto coins during that hour on the 20:00 closing price.
  5. Wednesday’s triple swap charge is cancelled (that is originally charged for the weekends), and you will be charged for a SINGLE day instead of 3.

These crypto currencies are now available for trading.

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