The world of derivative trading, particularly in the realm of cryptocurrencies, is booming in popularity. Yet, many traders are growing frustrated with exchanges and brokers, prompting a search for new platforms that cater to a wider range of crypto derivatives while providing quick and easy withdrawal processes.
Eightcap, a celebrated broker, recently unveiled new services rollout of 250 crypto derivatives , setting itself up as an ideal new platform for crypto derivative traders. This array of offerings features coins, crypto-crosses, and indices, all with competitive ultra-low spreads.
What sets Eightcap's latest offering apart from the rest?
Eightcap seeks to elevate the trading experience by tackling common issues faced by crypto traders at other platforms, such as restricted withdrawal limits. With Eightcap, market participants gain the ability to trade a diverse array of cryptocurrency derivatives sans the necessity of a wallet, ensuring swift withdrawal times. Moreover, crypto derivative traders are able to fund their accounts with a starting balance as low as $100, supported by a variety of payment methods including PayPal, Neteller, and credit or debit cards, among others.
The selection of crypto derivatives provided by Eightcap is notably vast. It encompasses popular cryptocurrencies like Bitcoin, Litecoin, Ripple, and Ethereum, and further extends to include coins such as Cardano, EOS, Tron, and Polkadot. Additionally, there are crypto-crosses like BitcoinCash/GBP, Cardano/AUD, and crypto indices such as the Defi 25.
Many traditional offshore exchanges have been compelled to impose daily withdrawal restrictions on their users, leading crypto traders to question the accessibility of their own funds.
Eightcap stands out by offering solutions to these prevalent industry issues with their expansive crypto derivatives alternatives:
- Enjoy crypto derivative trading with MT4 and MT5 platforms.
- Ultra-low spreads
- Commission-free
- Up to 1:20 Leverage
- Access to over 250 tokenized crypto derivative tools.
- 5 Crypto indices
- 24/7 trading
- No wallet needed
- Regulated by ASIC, CYSEC, FCA and SCB
Commenting on this new wave of crypto offerings, Eightcap’s CEO, Joel Murphy, remarked:
“At Eightcap, our goal is to establish a new sanctuary for crypto derivative traders, presenting a standout selection that boasts the largest library of crypto derivatives, coupled with extremely low spreads and quick withdrawal options. Given the regulatory challenges faced by exchanges such as Binance, traders are burdened with unnecessary stress about the safety of their funds and their ability to withdraw them. With us, crypto derivative traders can expect a smooth journey—from when they open an account to making a withdrawal.”
