Crypto Liquidity
GBE Prime offers CFD cryptocurrency liquidity to its professional clients. Over 10 of the most popular cryptocurrency pairs are available at GBE Prime. GBE uses only regulated liquidity sources to ensure maximum security for their clients. Clients can connect to three global liquidity server locations: London, New York and Tokyo. A key benefit of GBE Prime’s cryptocurrency liquidity service is that it offers the ability of the client to connect through a superfast and reliable FIX API connection.
There are two strong advantages of trading cryptocurrencies as CFD products through a regulated provider in comparison with crypto exchanges: There is no risk of being hacked and the cryptocurrencies cannot be stolen. All cryptocurrencies can also be traded “short”.
WHY getting CRYPTO liquidity from GBE Prime?
- GBE Prime is a licensed liquidity provider
- Over 10 popular Cryptocurrency pairs
- Competitive leverage
- Tight spreads and commissions
- Superfast execution – critical for these volatile assets
- MT4 based Cryptocurrency trade allowing both Long and Short positions
What are the most tradable Cryptocurrencies?
Bitcoin is the world’s first and most popular cryptocurrency today. Alike all other cryptocurrencies it is a decentralized digital currency which means that it is independent from any of the world’s central banks. Bitcoin cannot be physically held in your pocket. You can either purchase and hold it electronically, or you can trade it on CFD basis against other currencies such as the USD or EUR.
You can participate in the CFD cryptocurrency trade either when these digital assets experience a bull or a bear market momentum.
The success of Bitcoin has led to the development of many alternative cryptocurrencies.
Ethereum for example is what some will say the second most popular cryptocurrency despite the large value difference between it and Bitcoin today. Yet the technology which Ethereum is based on and processed is largely different as it uses open source software. In fact most of ICOs (Initial Coin Offerings) are based on Ethereum technology primarily because of its open-source base and cost efficiency.
Ripple is another popular cryptocurrency. It is praised for its superior performance. It can be described as a superfast payment medium rather than a “cash cow”. Despite its tiny price compared to Bitcoin, today Ripple is the second largest cryptocurrency based on market capitalization.
Litecoin is a cryptocurrency, technically nearly identical to Bitcoin. Some say it was never designed to replace the Bitcoin, but to be a more liquid alternative to Bitcoin, alike Silver is to Gold.