Business
ICM Capital Launches Trading in Cryptocurrencies
ICM Capital, a global market leader in trading Foreign Forex, CFDs and Commodities, has launched trading on the cryptocurrency, bitcoin.
Confirming the move on Monday (13th November), ICM Capital said trading had started on Bitcoin CFDs, a commonly traded cyptocurrency.
The move would certainly allow investors to take a placement on whether the worth of the cryptocurrency will climb or fall, without needing to take the dangers associated with acquiring and saving it, similar to spreads on a range of asset courses from forex to commodities.
The innate volatility of cryptocurrencies makes them interesting traders with a consistent nerve. Back in 2010, bitcoins were worth around 0.003 cents each. As of October 2017, that number is upwards of $6000 - though this worth has verified unstable, with constant intraday swings.