简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
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.
Binary options trading involves predicting whether an asset's price will rise or fall within a specific timeframe. Unlike traditional investing, more specifically, binary options demand rapid decisions due to fixed expiry times (e.g., 60 seconds to 1 hour). For instance, speculating if EUR/USD will be above 1.0800 in the next five minutes. Success yields a fixed payout, while failure results in the loss of invested capital. Binary indicators distill complex market data—price action, volume, volatility—into actionable signals tailored for short-term trades. Indicators act as a compass, guiding traders to trends, reversals, and optimal entry points, thus enabling traders to detect market shifts for higher-probability decisions.
Baazex is a relatively new broker registered in the United Arab Emirates, with an operating history of between 2 to 5 years. Despite its claims of offering over 1500 trading instruments—from foreign exchange pairs like EUR/USD, GBP/USD, and AUD/JPY, to major stocks including Apple, Meta, Disney, LVMH, and Tesla; as well as commodities (oil, gold, silver, coffee), indices, cryptocurrencies, and futures—investors should be aware of some critical risks.
Imagine you're driving from New York City to Philadelphia and want to know if your route is optimal, then you take two steps: Firstly, you gather the traffic records in the past five years, including traffic patterns, historic weather conditions, and holiday congestion records. Second, you run simulations of your proposed road to see if it is most efficient and fuel-saving before an actual trip.
Trump announced a tariff hike on Canadian steel and aluminum to 50%, shaking the markets. The Canadian stock market took a hit, the Canadian dollar plummeted, and U.S. steel and aluminum stocks surged, triggering strong reactions from all sides.