The United Kingdom’s top online investment and trading platform (Lon: IgG) has announced that it has launched Crypto Trading, making the first business recorded in the United Kingdom to allow customers to buy, sell and maintain cryptographic assets.
The IG Group and other “traditional” online brokers have recently undergone pressure from encryption exchanges and neobanks, which increase their fingerprints to include non -cryptographic products, such as stocks and CFDs, for example, Crypto.com has hired some EX IG executives. Crypto.com’s opponent has made a similar move from Cyprus, as a number of encryption providers move to expand to other products, including shares, future contracts and CFDs.
IG customers can now have access to a wide range of cryptographic assets, one of the most commercial coins such as Bitcoin and Ethereum in a series of smaller assets. The launch comes as the adoption of encryption continues to grow in the United Kingdom and follows the recent revelation of the government’s plans for a UK encryption regime.
With the start of encryption, IG customers can now exchange stocks, indicators, ETFS, encryption assets, FX, goods and financial derivatives in one place – providing a comprehensive service for those looking for exposure to a wide range of asset categories without the use of multiple providers.
Michael Healy, CEO of the United Kingdom of IG, said, said,
“This is a huge time for IG and an important milestone on the UK cryptographic journey, with retail investors now being able to buy, sell and keep cryptographic assets with a large business.
“The adoption is rapidly developing with the steam concentration of the UK regulation, we want to give existing and future investors a platform where they can exchange encryption with a clear and transparent fees, with a provider already used by hundreds.
“With the addition of encryption, our customers will enjoy a more rational investment experience, with IG providing a one-stop shop for a wide range of assets.
The offer – which started in collaboration with the Crypto Asset Suppold – is fully integrated throughout the IG platform and the IG Invest application, which started earlier this year, with customers being able to go from their account to any other account they maintain with IG (such as a shareholder account). Support will execute all customers’ transactions and provide pricing data, with UPHOLD infrastructure fully integrated into the IG user experience.
Simon McLoughlin, Threk’s chief executive, said,
“We are proud to have worked with IG and helped such a well -known brand bring cryptographic services to the United Kingdom market. We want to give people better access to this class of assets so that they can participate in the evolving economic world.
About the IG group
The IG Group (LSEG: IgG) provides online trading platforms and educational resources to boost ambitious customers around the world. Based in the United Kingdom, IG Group is a FTSE 250 company that offers customers access to C.19,000 financial markets worldwide
About maintaining
Support is a financial technology company that believes that chain services are the future of funding. It provides modern infrastructure for payments, banking and investment in the chain. Offering consumer services, business services and institutional transactions, they support the pioneering financial services that support millions of customers in more than 140 countries.
The support is integrated with more than 30 commercial areas, including central and decentralized exchanges, to provide liquidity and execution. Support never lends customer assets and is always 100%. The company pioneered radical transparency and uniquely publishes its assets and obligations every 30 seconds on a public website.
Suppold Europe Limited (FRN: 938277) is registered with financial conduct for money laundering purposes and complies with money laundering, terrorism funding and the transfer of regulations for regulations (information on the 2017 payer).