AvaTrade introducing 3 new crypto pairs

AvaTrade introducing 3 new crypto pairs – updating 3 others

AvaTrade has yet again improved their cryptocurrency trading offering.

AvaTrade is introducing three new cryptocurrency pairs: NEOUSD, EOSUSD & MIOTAUSD in addition to the 15 crypto assets already on offer.

These new pairs have been available since July 1st, 2019 and provide an excellent opportunity to diversify your clients’ portfolios and increase their exposure to this vibrant 24/7 market.

Asset	Typical Spread	Leverage	Margin	Min Nominal Trade Size
NEOUSD	1.5% Over-market	2:01	50%	10
EOSUSD	2% Over-market	2:01	50%	10
MIOTAUSD	1.5% Over-market	2:01	50%	10

To unify their cryptocurrency instrument labels, They are relabeling their existing Ethereum, Ripple & Litecoin instruments, by replacing the existing instruments with new USD labelled ones:

Asset	Old Symbol	New Symbol
RIPPLE	XRP	XRPUSD
ETHEREUM	ETH	ETHUSD
LITECOIN	LTC_Mini	LTCUSD

These new pairs have also been available since July 1st,

The trading conditions for each one is identical to those of the older respective assets they replace.

Effective immediately, new positions are only available on the new pairs.

Avatrade Clients will not be able to open new positions on the old assets, but those already open will remain unaffected until July 29th.

Existing positions on XRP, ETH and Litecoin-mini that remain open on July 29th will be automatically replaced with corresponding positions on the new pairs, , at the same opening price and at no cost to clients.

as any broker that values their clients would do , Avatrade makes sure that the clients will not be affected by the change.

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Jasper Van der Meer

Meet Jasper Van Der Meer, a seasoned financial analyst and trading strategist with a rich background that bridges the analytical rigor of the Netherlands and the dynamic financial markets of the UK. Born and raised in the picturesque landscapes of the Netherlands, Jasper's keen interest in economics and finance was nurtured amidst a culture known for its precision and attention to detail. Pursuing his passion, he ventured to the United Kingdom, where he earned a Master's degree in Financial Analysis from one of the country's leading universities. With over a decade of experience in the Forex and CFD markets, Jasper has built a reputation for his insightful analyses and a pragmatic approach to trading. His expertise is not just rooted in academic excellence but also honed through years of hands-on experience navigating the complexities of global financial markets. Jasper's advice and strategies are sought after for their clarity, reliability, and effectiveness, making him a trusted voice in the trading community. Dedicated to empowering traders with knowledge and tools for success, Jasper combines his depth of market understanding with a clear, approachable writing style. Whether you're a beginner or an experienced trader, his guidance is designed to help you make informed decisions and achieve your trading goals with confidence.