AvaTrade, a widely-respected global Forex broker headquartered in Dublin, Ireland, announced this week that it has added trading of three digital currencies to its already wide range of tradeable assets. The assets are Ethereum, Dash and Ripple. These currencies have shown a 1,000-4,000% increase in the past year, as has Bitcoin, the most famous digital currency, which AvaTrade also offers.
Digital currency trading is becoming more popular across the globe, though traders are advised to learn about the opportunities and risks before trading. AvaTrade joins a list of very few Forex brokers which provide these offerings. eToro is another broker that offers similar opportunities, though the primary difference between the brokers is that AvaTrade is primarily focused on individual trading while eToro’s trading platform is focused on social trading.
Learn more about AvaTrade in our comprehensive AvaTrade review to see if this broker is right for you, and make sure to practice trading digital currencies on a deme before moving to a live account so that you can get a sense for how they fluctuate.