Cerus Markets, a broker that deals in multiple assets, has today launched a platform just for trading cryptocurrency derivatives. Derivatives are contracts between parties in the stock market whose values are tethered to underlying assets, groups of assets, or market indices/benchmarks. According to the company, the new platform provides users with a secure and innovative way in which to trade derivatives.
Cerus Markets, founded by seasoned professionals, says it is on a mission to transform the cryptocurrency trading sector. The Malaysian company was established in 2022 and is regulated and licensed by the Labuan Financial Service Authority. With the new derivatives platform, the company has introduced Non-Deliverable Crypto Contracts (NDCs). The NDCs from Cerus feature over 200 linked instruments with cryptocurrency. According to Cerus, NDCs offer a better way of profiting from crypto trading compared to other products because of their convenience and innovativeness.
In early March, the broker launched a mobile trading app with the aim of capturing a wider market. On the site, users can trade instruments against both traditional and digital currencies. As things get heated up in the financial markets, it is becoming increasingly important for brokers to provide investors with alternative investment products.
Now, for the first time, traders may invest in cryptocurrencies against some of the top companies worldwide, including TSLA, Apple, and GOOG, equities indices like the DOW and DAX, and even commodities like Gold, Silver, and Crude Oil, and pay no commissions. Additionally, NDCs let traders to go long or short on any cryptocurrency with a leverage of up to 100:1.
Cerus Markets says that, unlike typical brokers, it charges no entry fees to its platform. Also, it enables trading of multiple crypto assets with a minimum deposit of only $50. In addition, investors receive a 100% welcome bonus on their initial deposit and leverage of up to 100:1.
This post was last modified on Apr 04, 2023, 09:01 BST 09:01