Golden Finance reports that IG Group, a British listed trading and financial services giant, has taken an important step in the field of digital assets by officially launching cryptocurrency trading services for retail investors, further expanding its influence in this field.
In the announcement released on June 2nd, IG Group clearly stated that its clients now have access to 31 kinds of crypto assets, including the well-known Bitcoin. This move has opened a new door to cryptocurrency trading for retail investors and enriched their investment options.
It is worth noting that the brand-new cryptocurrency product of IG Group this time is jointly launched with Uphold, an American crypto asset company. Uphold is strictly regulated in both the United States and the United Kingdom, which undoubtedly adds an extra layer of security to the cooperation between the two parties and also gives investors more confidence in the security and compliance of their transactions. This cryptocurrency trading product has been integrated into the IG platform and the IG Invest application, greatly facilitating the operation of customers. Investors can not only trade cryptocurrencies on these platforms, but also easily switch from their crypto accounts to any other IG accounts, including stock trading accounts, achieving flexible conversions between different asset classes, creating a more convenient and diverse investment environment for investors.
In recent years, as the cryptocurrency market has gradually matured, an increasing number of traditional financial institutions have begun to lay out their strategies in this field. IG Group’s launch of cryptocurrency trading services to retail investors this time is not only a manifestation of conforming to the market development trend, but also expected to attract more customers in the highly competitive financial services market and enhance its own market competitiveness. How its cryptocurrency trading services will develop in the future and what impact they will have on the cryptocurrency market and the traditional financial sector are worth continuous attention.
Related Topics：
- A certain whale closed all its long positions and within five days, its profit sharply turned from 27.88 million US dollars to a loss of 206,000 US dollars
- OKX has launched the Babylon BTC on-chain coin-earning product and initiated additional reward activities
- Slow Mist Cosine: The longer the mnemonic phrases/private keys are used online and shared by more people, the more likely they are to be leaked and difficult to detect
