EN 
CN 
SGT 0815
📈 BTC | $48,162 (+1,164, +2.5%)
📈 ETH | $3,607 (+174, +5.1%)
📈 XRP | $1.13 (+0.03, +2.8%)
📈 LTC | $189 (+7, +3.7%)
📈 Total Crypto Market Cap: $2.19T (+2.9%)
🐳 Large Bitcoin buyers are continuing to accumulate Bitcoin, with the third-largest Bitcoin wallet in existence having bought 582BTC during the recent dip.
🤔 The number of active ETH wallet addresses has now strongly overtaken the number of active BTC wallet addresses.
💵 US crypto exchange Coinbase has applied to become a member of the National Futures Association, and is rather publicly attempting to launch cryptocurrency futures products, among other derivatives.
🇨🇳 China’s Digital Yuan (aka the e-CNY) project is now available to around 10% of the population in nine major Chinese cities, through a mobile app. The app contains smart contract-enabled payments, and “sub-wallets” that allow for online payments to participating merchants.
Cryptocurrency CFD is available for trading on Phillip MetaTrader 5 (MT5).
Features of trading CFD
- Trade in both the bull and the bear markets
The ability to enter a long and/or short position allows traders to take advantage of both rising and falling markets. - Smaller barrier to entry
CFDs typically have flexible and smaller contract sizes. This means that traders will be able to enter into a CFD contract with a modest amount of capital. - No expiration date or risk of delivery
Unlike futures which commonly have a fixed expiration date, CFDs allow traders to perpetually hold the position(s). CFDs are cash settled, no need to worry about the delivery of the underlying asset.
Trade Bitcoin, Ethereum, Litecoin, and Ripple CFDs at zero commission on Phillip MetaTrader 5, a dynamic platform that offers low spreads. Integrated with Acuity Signal Centre and Trading Central Indicators, and available on mobile, web and desktop app, you will never miss a trading opportunity with Phillip MT5.
Download Trading Central’s Market Buzz for updates on more topics.
What’s more? Phillip MT5 is now supported on Mac OS! To install, simply download the file below and complete a simple installation process.
