Dukascopy Enhances Crypto Offerings Adding 10 New Instruments

Dukascopy Enhances Crypto Offerings Adding 10 New Instruments

November 3, 2021

Swiss online trading platform, Dukascopy has further expanded its cryptocurrency offering by adding ten new crypto-fiat trading pairs. It added some of the popular cryptocurrencies that are highly in demand among retail traders.

“Dukascopy continues its crypto expansion by significantly improving its overnight rates for crypto instruments together with launching trading for 10 new cryptocurrency pairs,” the brokerage stated in the official announcement.

The newly added cryptocurrencies are Cardano, Aave, Basic Attention Token, Compound, Enjin, Chainlink, Polygon, Maker, Uniswap, and Yearn Finance. All of them have been added against the US dollar.

Bullish on Crypto

Dukascopy remains one of the early adopters of cryptocurrencies and even launched its native Dukascoin. With the latest addition of the ten crypto-fiat pairs, the platform is now offering a total of 19 crypto instruments.

“Dukascopy continuously expands its list of trading instruments to meet customer’s requests,” the broker added. It even added Tether as a deposit method recently and increased maximum crypto deposit limits to $100,000 to further encourage traders in the booming crypto market.

As detailed in the official announcement, the new crypto trading instruments will be available for traders with Dukascopy Europe JForex self-trading accounts. However, the Swiss brokerage is also determined to bring crypto CFDs trading on the legacy MetaTrader 4 trading platform and launched the services for some of the pairs.

Meanwhile, Dukascopy has continued to attract trades attention when retail trading demand is going through the roof. The company ended the fiscal year 2020 with a record net profit of CHF 10.4 million, which is 374 percent higher than the previous year. Most recently, Finance Magnates reported that the broker has strengthened its balance sheet by increasing total assets by 9.8 percent.

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