Investing.com | Editor Ambhini Aishwarya
Revealed Nov 02, 2023 07:54AM ET
EDX Markets, a US-based cryptocurrency trade platform launched in 2022, has introduced it can now not assist Bitcoin Money (BCH). The platform will as an alternative focus its sources on Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The choice follows the platform’s goal to fulfill the rising demand from conventional finance companies and cater to each firms and particular person traders throughout the US.
Backed by monetary heavyweights together with Charles Schwab (NYSE:SCHW), Constancy, Citadel Securities, Paradigm, Sequoia Capital, and Virtu Monetary (NASDAQ:VIRT), EDX Markets has distinguished itself with excessive liquidity, superior safety measures, swift transaction capabilities, and a powerful dedication to cost discovery. The platform’s technique makes use of liquidity from a number of market makers to boost transparency and remove consumer misunderstandings.
The discontinuation of Bitcoin Money assist is seen as a part of the platform’s ongoing technique to streamline its operations and focus on currencies which have proven constant progress and stability. This transfer is anticipated to permit EDX Markets to additional improve its service choices and keep its edge in an more and more aggressive cryptocurrency market.
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Written By: Investing.com
