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Many crypto merchants at the moment are searching for FTX alternate options, i.e. protected buying and selling platforms for cryptocurrency with no insolvency points.
Because the oanda.com web site states, OANDA company have led the buying and selling business for over 25 years, compared to the now bankrupt and defunct FTX (and FTX US) which was based in 2019. In that point they’ve constructed up an ‘excellent popularity for innovation, glorious buyer care and clear pricing, all delivered by way of state-of-the-art platforms’.
What many don’t know nevertheless is OANDA Company, which made its title first as a foreign currency trading platform, additionally now helps cryptocurrency buying and selling.
OANDA – Greatest FTX Different
The OANDA platform presently helps 13 well-liked cryptocurrencies, traded in opposition to the US greenback:
- Bitcoin (BTC)
- Bitcoin Money (BCH)
- Ethereum (ETH)
- Litecoin (LTC)
- Binance Coin (BNB)
- Cardano (ADA)
- Chainlink (LINK)
- Dogecoin (DOGE)
- Polkadot (DOT)
- EOS (EOS)
- Stellar (XLM)
- Tezos (XTZ)
- Uniswap (UNI)
On the time of writing the unfold on these belongings is as follows:
Crypto costs are presently low after the latest market downturn, exacerbated by the FTX collapse. Many traders count on a bounce and are starting to open lengthy positions earlier than the following bull cycle.
Uniswap specifically has been tipped to carry out nicely, being the native token of a decentralized alternate (DEX) which merchants are growing favoring.
In addition to cryptocurrency belongings and FX buying and selling, OANDA’s different buying and selling markets embody indices, metals, shares and commodities. Their MarketPulse weblog additionally gives a rundown of what’s taking place within the monetary markets and tips about the place to take a position.
OANDA has positioned itself nicely to be a worthy FTX different, successful a number of awards together with Most In style Dealer 2021 (awarded by TradingView) and Greatest Buying and selling Instruments (On-line Private Wealth Awards 2021).
Be taught extra in our full OANDA evaluation, the place dive into the platform in depth.
Go to OANDA
OANDA Company is regulated by the CFTC/NFA (Member ID: 0325821). CFDs should not accessible to residents in america.
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