One of Europe’s Biggest Forex Exchange Adds Ethereum CFDs

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Summary

They plan to go further to provide crypto withdrawals and deposits for current accounts and trading accounts starting with bitcoin. They say: “Starting from today trading on ETH/USD CFD is available for Dukascopy Bank and Dukascopy Europe self-trading accounts. To further increase their crypto infrastructure, they’re now planning to add Ethereum CFDs and may in the future allow the depositing and withdrawal of eth on actual bank accounts. At first the bank will test the crypto funding concept on bitcoin. Dukascopy, the Swiss based bank and brokerage which focuses on foreign exchange as well as Contracts for Differences (CFDs) for stocks, commodities and other assets, has today announced they are launching ethereum trading.

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Dukascopy, the Swiss based bank and brokerage which focuses on foreign exchange as well as Contracts for Differences (CFDs) for stocks, commodities and other assets, has today announced they are launching ethereum trading. They say:

“Starting from today trading on ETH/USD CFD is available for Dukascopy Bank and Dukascopy Europe self-trading accounts. ETH/USD trading conditions are similar to BTC/USD.

The applicable leverage for this CFD type will be 1:3 in Dukascopy Bank and due to ESMA regulation 1:2 in Dukascopy Europe.”

The broker and bank licensed by the Swiss Financial Market Supervisory Authority (FINMA) further says Mobile Current Account customers will be able to hold eth on their bank account and transfer it to other Dukascopy users.

They plan to go further to provide crypto withdrawals and deposits for current accounts and trading accounts starting with bitcoin. They say:

“Crypto...

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