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FXOpen Accepts Ethereum Deposits and Withdrawals

By

Danielle

Meegan

WriterETHNews.com

The foreign exchange broker enables deposits and withdrawals for the second most valuable virtual currency.

FXOpen announced it will enable Ethereum deposits and withdrawals for its virtual currency users.

Terms of depositing and withdrawing via Ethereum:

  • Minimum deposit or withdrawal: 0.01 ETH
  • Maximum deposit or withdrawal: without limitations
  • Deposit сommission: 0 ETH
  • Withdrawal сommission: 0.01 ETH

This announcement on Ethereum is not the first time the virtual currency has graced the exchange.

Back in May, FXOpen expanded their trading platform by adding Ethereum. Clients using both live and demo accounts could access ETH/USD and ETH/BTC trading pairs. The response of the expansion led the exchange to add trading pair ETH/RUB the following month.

Transactions made with Ethereum Classic (ETC) will not be authorized, FXOpen is only accepting ETH.

Developed by a group of traders back in 2015, FXOpen has become one of the largest foreign exchange brokers. FXOpen’s most notable feature is their ECN accounts, a unique electronic communication network, which allow traders to connect with Interbank markets. Clients are guaranteed real quotes from top liquidity providers such as RBS, Bank of America, JP Morgan, and Barclays Capital. The forex broker has been supporting virtual currencies such as Bitcoin and Namecoin since 2014, making it the first forex to welcome cryptocurrency trading.

Danielle Meegan

New Hampshire native, Danielle Meegan, is a writer based in Los Angeles. She has been published in a couple of sports and entertainment magazines and newspapers throughout the years and has dabbled with multiple virtual currency exchanges to understand the 'ins and outs' of trading. Danielle has invested in over 15 different virtual currencies, including Ether.

ETHNews is commited to its Editorial Policy

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