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Abstract:The international Forex broker OctaFX has recently added 25 new cryptocurrencies paired with the U.S. dollar, ready to be traded on its services from 14 March 2022.
A brief market recap
The whole cryptocurrency market is turbulent since there is no certainty on where bitcoin might go next. After recovering from its low of 34,750 U.S. dollars on 24 February, the world's first cryptocurrency is in sideways motion with an occasional uptrend with some market participants' slightly bullish sentiments. At this time of writing, bitcoin hovers slightly above 39,000 U.S. dollars.
Up until recently, OctaFX offered only five cryptocurrencies (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple), all paired exclusively with the U.S. dollar. From today, anyone can start trading any of the 30 cryptocurrency pairs.
Here is a list of just ten of the 25 new pairs that the global Forex broker has included:
● Solana (SOL)
● Cardano (ADA)
● Binance Coin (BTB)
● Matic (MATIC/POLYGON)
● Cosmos (ATOM)
● ZCash (ZEC)
● Decentraland (MANA)
● Polkadot (DOT)
● Chainlink (LINK)
● Avalanche (AVAX)
These new cryptocurrencies are among the highest in market capitalisation, making them a popular choice for any savvy trader who wants to avoid volatility and best utilise market opportunities.
All of these pairs come with a ratio of 1:25 maximum leverage. To check the complete list of all available cryptocurrencies, please visit the OctaFX official website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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