First Global Credit Adds London Stock Exchange To Bitcoin Margin Trades
First Global Credit, a Switzerland.-based financial services company that allows bitcoin to be used as collateral margin to trade stocks, has expanded its range of equities to include shares traded on the London Stock Exchange, according to Finance Magnates. A trading and financial services company that focuses on bitcoin, First Global Credit allows bitcoin holders to use the value of their cryptocurrency in the same way other traders use fiat currency to create profit potential. Customers use bitcoins as assets to generate returns trading stocks, EFTs, precious metals, commodities and....
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Bitcoin margin trading platform First Global Credit has announced that is expanding its range of available equities by including shares that are traded on the London Stock Exchange (LSE). The trading platform, which reportedly entertains circa $2 million worth of stock trades every month, is among the first and the foremost companies to have used Bitcoin as a collateral margin to trade traditional equities. It means that traders do not have to lose access to their Bitcoin holdings; instead, they can use these holdings as margins to secure position in stocks and ETFs. First Global Credit’s....
First Global Credit has recently announced the expansion of its services. Now it offers trades of traditional shares on the London Stock Exchange (LSE) and will allow trading in standard commodity futures contracts in the USA soon. CoinTelegraph asked Jon Matonis, a Former Executive Director at Bitcoin Foundation and Independent board director for First Global Credit to comment on the latest offering from the company: First Global Credit is a cryptocurrency financial services company, launched in October 2014, that allows the use of Bitcoin as a collateral margin to trade stocks and ETFs....
London-based Bitcoin firm First Global Credits, which enables traders to use cryptocurrency to be used as collateral margin to trade ETFs, stock trades and commodity futures, have reported a record high for Bitcoin margin trading for the month of November. The monthly record high of $12 mln of trading volume dwarfs the previous monthly high set in February 2016 of combined stock, futures and Bitcoin to fiat currency trading on the site which totaled $2.1 mln. First Global Credits launched its investment service in 2014, promising to bridge the gap between cryptocurrencies and global stock....
NewsBTC reporter Samuel Rae reached out to Gavin Smith, the CEO of First Global Credit. He spoke in details about the the potential of Bitcoin in finance market, and how his company is utilizing this new payment technology in traditional investment methods. Samuel Rae: First of all, tells little bit about what First Global Credit is all about. Gavin Smith: First Global Credit has been founded as a vehicle for people who believe that Bitcoin will increase significantly in value over of time. We allow these people to use their BTC as margin to either invest or day trade stocks, stock....
The addition of over 50 fast-moving stocks to First Global Credit is an important milestone for the company. Bitcoin margin trading platforms are becoming more popular as of late. First Global Credit, the first company bringing mainstream profit opportunities to bitcoin holders, added several dozen new stocks to their platform. All of these stocks are listed on the Hong Kong Stock Exchange. As a result, bitcoin traders can now buy stocks from Chinese companies traded on the HKEX. Bridging the gap between traditional stocks and bitcoin is an excellent way to make cryptocurrency more....