Crypto Move From Saxo Bank!

Saxo Bank announced that it has started trading BTC, ETH, LTC against major currencies. The service will initially be available to customers in Singapore and Australia. Launched by Saxo Markets, a subsidiary of Danish bank Saxo, the service will enable the trading of the top three cryptocurrencies in FX pairs.

• The offer initially allows Saxo Markets clients to trade digital currencies such as BTC, ETH, and LTC, across the borders of Singapore and Australia, against the Euro, US dollar and Japanese yen.
• Saxo Markets spokesperson told CoinDesk that there will be presentations to other key markets in the coming weeks.
• This is Saxo Markets' first crypto move since 2017 launching stocks (ETNs) that track bitcoin and ethereum on the stock market.
• Saxo announced that its new move is designed to complement the company's existing range of crypto and ETN (Shares Following Crypto Units on the Exchange).
• Traded cryptocurrencies will be derivatives rather than real coins.
• Retail customers will be able to trade with a 60 percent margin, and accredited investors will be able to trade with a 40 percent or 50 percent margin.

Crypto Move From Saxo Bank! Source: https://www.coindesk.com/ You may also be interested in: Elon Musk and the Peter Principle