Australian Fintech Eightcap Debuts CoinDesk20 CFD for Retail Traders
2025-06-30 13:25:13
Main Idea
Australian fintech Eightcap has launched a CoinDesk 20 Index (CD20) CFD for retail traders, aiming to bridge the gap between traditional finance and digital assets.
Key Points
1. Eightcap is offering CFDs based on the CoinDesk 20 Index (CD20), which tracks the performance of the largest digital assets.
2. The CD20 CFD is available in both fiat and USDT pairs as an over-the-counter (OTC) product.
3. Eightcap holds regulatory licenses in the U.K., EU, Bahamas, and Australia, ensuring a compliant framework for the CFDs.
4. The introduction of regulated CFDs reflects the growing maturity of the crypto market and its integration with traditional finance.
Description
Financial derivatives provider Eightcap is now offering a contract for difference (CFD) based on the CoinDesk 20 Index (CD20), which offers a weighted performance of the largest digital assets. The CD20 CFD is now available to traders in both fiat and USDT pairs as an over-the-counter (OTC) derivatives product to retail traders, according to an announcement on Monday. CFDs are derivatives instruments where traders and brokers exchange the difference in an asset's value at the opening and closing...
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