Global online foreign exchange and contracts for difference (CFD) trading group Axi has launched an offering, called Buy Crypto, providing traders and investors transparent access to digital assets.
Buy Crypto lets traders and investors buy and hold directly with tokens held in a segregated account in the Axi wallet. It charges a 0.8 per cent fee per transaction whereby a minimum amount of $1 is required.
“Digital asset investing should meet the same professional standards as any other financial market. With Axi Buy Crypto, we are expanding our platform to meet rising demand while ensuring clients have the tools and support they need to engage responsibly,” Axi head of new business Stuart Cooke said.
“At Axi, our goal has always been to offer a frictionless, reliable and transparent trading experience.
“With our Buy Crypto product, we are streamlining the entire crypto trading journey. Our platform removes the headaches, making it simple for investors to engage in the crypto market with the confidence and clarity they deserve.”
According to the manager, the new facility will allow investors and traders access to its 18 years of industry experience in the space.
From an operational perspective, users of the platform will have access to over 150 major cryptocurrencies. Further, they will be provided with other helpful resources, such as analytics, assisting them to navigate the asset class, which is continuing to rise in popularity.
“At Axi, we’ve built our reputation on credibility, transparency and innovation. Our clients want to diversify into crypto with a partner they can rely on,” Cooke suggested.
The launch of the platform is part of Axi’s broader strategy to improve its digital asset ecosystem and provide clients with more flexible ways to access global markets.
The crypto market has experienced significant volatility with prices for key cryptocurrencies, such as Bitcoin, fluctuating since the conflict in the Middle East.
