eToro launches new ‘pro’ cryptocurrency exchange – and 8 stablecoins


In an announcement today, eToroX – the specialized blockchain division of social trading platform eToro – revealed it is launching a new cryptocurrency-only exchange desk for pro traders. The new platform will support trading in six cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and Dash. More notably, the exchange will also support trading in eight fiat-backed stablecoins, pegged to Euro, US dollar, New Zealand dollar,Canadian dollar, Australian dollar, Japanese yen, Swiss franc, and UK pound sterling. All stablecoins will be issued and managed by eToroX. eToro says there will be 37 different trading pairs – BTC-USD and XRP-GBP among others – between all cryptocurrencies and stablecoins offered.…

This story continues at The Next Web

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