#KCN #FXCMGroup Adds #Cryptocurrency Baskets

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#FXCMGroup, LLC, a international provider of online foreign exchange trading, cryptocurrencies and related services, announced the introduction of cryptocurrency baskets to its retail customers. According to globenewswire.com: “Named CryptoMajor, the cryptocurrency basket will enable the grouping of numerous cryptocurrencies all into one tradeable product therefore allowing traders to collate multiple digital assets in one go, without the need to independently manage them. It is made up of the 5 cryptocurrencies currently traded on FXCM’s platform: Bitcoin, Ripple, Litecoin, Bitcoin Cash and Ether. Differing from other baskets on the market, #FXCM’s CryptoMajor addresses hedging transparency issues by giving an equal weighting for each coin in the basket, ensuring the product is not overly exposed to just one crypto”. The news release partner STEX.com.
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