Titan FX single-day cryptocurrency trading volume tops $2 billion
Last month, Titan FX broke its single-day volume record, with order traffic reaching an unprecedented $2 billion.。
In cryptocurrency trading, volatility allows traders to quickly profit in any direction, and there have been many such opportunities recently。
Titan FX is a big beneficiary of this trend, having beefed up its cryptocurrency offering in recent months and now offering 50 cryptocurrency pairs around the clock with ultra-low spreads, most notably a fixed spread of $5 between the BTC and ETH currency pairs.。
In addition, each trade can be leveraged up to 100: 1, so traders seeking short-term trades have flooded the platform。
Last month, Titan FX broke its single-day volume record, with order traffic reaching an unprecedented $2 billion.。Many profit, many lose, but everyone gets a piece of it。
Chasing volatility
Yuki Noji, digital marketing manager at Titan FX, said: "Forex and commodity traders are already known for their appetite for risk, but cryptocurrency traders are a completely different breed.。
"They do like volatility, but only if it comes from the actual supply and demand of the underlying asset.。On the other hand, they have zero tolerance for unexpected spreads, slippage and swaps of volatility on the broker side。"
Titan FX has been tightly controlling these risks to attract cryptocurrency traders.。Now its platform has a stable 99.9% service level and 24 / 7 service, with one click, you can get first-class customer support at any time。
In an effort to raise the profile of its crypto products, Titan FX recently organised a "Vanuatu Discovery" competition in which the largest crypto CFDs traders by volume will win a luxury two-person tour of the broker's home base of Vanuatu.。The winner has not yet been announced.。
Vanuatu is one of the four jurisdictions where Titan FX is licensed, and the country has a close relationship with Titan FX, as Titan FX has established its headquarters here and many important executives also live there.。The broker, based in the capital Port Vila, has been an active advocate for the adoption of digital currencies in the jurisdiction.。In addition to crypto CFDs, Titan FX will soon be able to directly trade the relevant virtual currencies under a "Class D" license issued by the Vanuatu Financial Services Commission.。
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