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Japanese giant SBI Holdings will add CFD for Bitcoin, XRP, ETH

SBI Holdings, a financial services company based in Japan announced addition of CFDs for premiere cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP. The trading will begin on 31 August on SBI FX which is SBI Holdings’ retail forex brokerage platform.  These contracts for differences or CFDs allow traders to settle the differences between the current value of the cryptocurrency and the value at the time of the contract.  According to the announcement, the brokerage, SBI FX, will pair BTC, XRP, and ETH against the U.S dollar and the Japanese Yen. This will allow traders to choose between trading at…

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