Company news / New Pairs with EOS to Crypto Accounts

New Pairs with EOS to Crypto Accounts

The FXOpen Team

FXOpen has enhanced the range of financial instruments by adding new pairs with EOS to Crypto accounts: EOSUSD, EOSEUR, EOSJPY and EOSGBP.  EOS is a new blockchain platform designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication, and the scheduling of applications across many of CPU cores or clusters. The technology is a blockchain architecture that may ultimately scale to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment and maintenance of decentralized applications, in the context of a governed blockchain. According to CoinMarketCap, EOS is the fourth largest altcoin with $9.32B market cap.

With the latest additions, FXOpen now offers the total of 43 currency pairs on Crypto accounts. Ripple, Bitcoin Cash, Ethereum Classic, Monero, NEO, EOS, IOTA and OMNI can be traded against USD Dollar, EURO and Bitcoin. 1 lot typically equals 1 unit of XRP, BCH, EMR or other respective base currency.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.