FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
91%
HFM information and reviews
HFM
89%

OctaFX opens the gates for weekend crypto trading


15 February 2022

The cryptosphere is rattling through a rough phase, to say it mildly. Bitcoin reached its all-time high on 8 November with a price of 67,566 U.S. dollars and experienced a downtrend until recently. As of this writing, bitcoin has recovered to 44,296 U.S. dollars from a chilling 34,774 U.S. dollars (minus 48.53% from the previous all-time high), taking the entire altcoin market with it down this spiral. For some time, industry experts were beginning to expect a comprehensive bear market to unfold before turning bullish again.

Then again - from an investor’s mindset - this is exactly what most should be waiting for. The famous investor Warren Buffet made expert use of the bear market that unfolded in 1973–1974 by buying assets while most market participators were in fear of acting.

If one goes back even further in history, at the dawn of the 19th century, the prominent banker Baron Rothschild is reported to have said:  "Buy when there's blood in the streets, even if the blood is your own".

For Forex trading, this is irrelevant since one can trade the up- as well as the downside of the fiat and cryptocurrency markets. And up until recently, the global Forex broker offered its cryptocurrency trading only Mondays through Fridays. The fintech company went a step further for 2022’s first quarter by launching its new weekend time frame option - it officially started on 5 February. These are the current cryptocurrencies pairs - all paired with the world reserve currency - touched by this service upgrade.

All of these pairs come with a ratio of 1:25 maximum leverage.

OctaFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience and a top-notch service environment to over 7.5 million traders worldwide. In that sense, OctaFX has won more than 45 awards since its foundation, including the 2021 ‘Best Forex Broker Asia’ award and the 2020 ‘Most Transparent Broker’ award from Global Banking & Finance Review and Forex Awards, respectively. It’s also adamant in providing and upholding the best financial expertise, analytics, and educational programmes in the industry.
#source

Share: Tweet this or Share on Facebook


Related

Dividend announcement for stock derivatives
Dividend announcement for stock derivatives

When a company pays shareholders dividends, it reduces the company's value by the dividend amount. The dividend payout leads to the share price reduction...

1 Feb 2023

OctaFX Fraud notice January 2023
OctaFX Fraud notice January 2023

Every trader looks for a high level of security. Unfortunately, this request is not groundless. New fraud schemes appear every day, and not everyone can protect themselves...

20 Jan 2023

OctaFX collects the Best Online Broker Global 2022 accolade
OctaFX collects the Best Online Broker Global 2022 accolade

The international broker OctaFX received yet another 2022 distinction. The esteemed global media publication World Business Outlook awarded the company its "Best Online Broker Global 2022" award...

19 Jan 2023

Six evident and less obvious improvements that we are proud of in 2022
Six evident and less obvious improvements that we are proud of in 2022

2022 was a year of unprecedented changes and struggles in the financial markets. For us at OctaFX, it was a year full of hard work that helped achieve several important milestones...

13 Jan 2023

AMarkets will participate at iFX EXPO 2023
AMarkets will participate at iFX EXPO 2023

AMarkets invites you to visit booth number 92, where you will have the opportunity to meet AMarkets’ top managers, exchange experiences and participate in our prize draw...

12 Jan 2023

Dividend announcement for stock derivatives in January 2023
Dividend announcement for stock derivatives in January 2023

When a company pays dividends to shareholders, it reduces the company's value by the dividend amount. The dividend payout leads to the share price reduction..

9 Jan 2023


Editors' Picks

FXCM information and reviews
FXCM
87%
ActivTrades information and reviews
ActivTrades
86%
RoboForex information and reviews
RoboForex
85%
MultiBank Group information and reviews
MultiBank Group
84%
Libertex information and reviews
Libertex
83%
Vantage information and reviews
Vantage
83%

© 2006-2023 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.