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ThinkMarkets Expands Its Offerings with Addition of 5 Crypto CFDs

Source: Youmans

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ThinkMarkets, an online brokerage firm with headquarters in London and Melbourne, has added five new cryptocurrency CFDs to their list of trading instruments.

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The newest addition of products in this category consists of 5 of the most popular DeFi tokens: Binance Coin (BNB), Terra (LUNA), Avalanche (AVAX), Cosmos (ATOM), and Algorand (ALGO).

ThinkMarkets was founded in 2010 to offer traders the best pricing and speed in the ares of equities, cryptocurrencies, commodities, indices and futures. It maintains hubs in Asia-Pacific, Europe and South Africa. 

In addition, ThinkMarkets is scaling their offering into new markets. Earlier last month, the broker announced that it has officially entered the Japanese FX trading market through its mobile app ThinkTrader. This move came a year after the Australia-headquartered broker acquired a Japanese financial services entity that holds a license from the Japanese Financial Services Agency (JFSA).

The broker earlier closed a US$40 million funding package​ which will enable rapid growth across existing and exciting new business initiatives in 2022. 

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