In the midst of its fast rally, Bitcoin has broken records by breaking the IDR 800 million/coin mark. Other cryptocurrencies, such as Ethereum, are also following along to a level that is no less fantastic.
In February 2021, the crypto market cap swelled to $1.72 trillion. Meanwhile, at the same time, the Bitcoin dominance index actually fell to 60%. This proves that cryptocurrencies other than Bitcoin are increasingly popular and being hunted by the public.
Cryptocurrency's Addition to Instaforex
After conducting market analysis, InstaForex strategists decided to launch popular trading instruments clients are looking for to suit the current trend. The new trading instrument is expected to help Instaforex clients gain access to the huge crypto exchanges.
The primary advantage of crypto trading is the certainty of high returns. Unlike other financial markets where quotes usually fluctuate by no more than 1%, digital asset quotes can actually double within 24 hours.
Responding to the high demand for digital tokens, since February 22, InstaForex introduced seven new cryptocurrencies:
- Polka dot
Previously, Instaforex has presented popular cryptocurrencies for crypto traders, such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple.
The addition of this instrument proves how much InstaForex cares about developments in global financial markets. InstaForex, which was founded in 2008, diligently posts daily analyses from 30 experts and charges clients low commissions.