Bitcoin CFD Product Rolled Out By Crypto Trading Portal Liquid

News | April 2, 2019 By:

Cryptocurrency trading portal Liquid has rolled out its own leveraged bitcoin contract-for-difference (CFD) product.

Launched by Japanese FinTech firm Quoine in 2018, Liquid provides trading, exchange, and next generation financial services powered by blockchain technology. It offers trading services for major cryptocurrencies, such as bitcoin and ethereum against fiat currency pairs in Japanese yen, USD, SGD and AUD and Euro. The company is regulated by the Japan Financial Services Agency (FSA) and audited by Deloitte.

The company’s new bitcoin CFD product, called Liquid Infinity, will allow traders to speculate on the price movements of bitcoin against the Japanese yen and US Dollar. The new product will enable traders to leverage their positions up to 100x, maximizing their exposure with minimal upfront capital. Liquid Infinity is available to Liquid customers except for Japanese residents.

Traders will be able to access Liquid Infinity by logging into their trading dashboard at Liquid.com. The dashboard was designed for pro traders who need full control and transparency at all times.

“We saw a rising market demand for bitcoin CFD products with appetite for higher leverage, which led to the development and launch of Liquid Infinity,” said Mario Gomez Lozada, Chief Product Officer of Liquid. “Infinity will enable traders to amplify their risk-to-reward ratios with the existing risk management tools we have in place for our margin product, such as stop-loss orders and other advanced charting indicators.”