FXOpen announced it will enable Ethereum deposits and withdrawals for its virtual currency users.

Terms of depositing and withdrawing via Ethereum:

  • Minimum deposit or withdrawal: 0.01 ETH
  • Maximum deposit or withdrawal: without limitations
  • Deposit сommission: 0 ETH
  • Withdrawal сommission: 0.01 ETH

This announcement on Ethereum is not the first time the virtual currency has graced the exchange.

Back in May, FXOpen expanded their trading platform by adding Ethereum. Clients using both live and demo accounts could access ETH/USD and ETH/BTC trading pairs. The response of the expansion led the exchange to add trading pair ETH/RUB the following month.

Transactions made with Ethereum Classic (ETC) will not be authorized, FXOpen is only accepting ETH.

Developed by a group of traders back in 2015, FXOpen has become one of the largest foreign exchange brokers. FXOpen’s most notable feature is their ECN accounts, a unique electronic communication network, which allow traders to connect with Interbank markets. Clients are guaranteed real quotes from top liquidity providers such as RBS, Bank of America, JP Morgan, and Barclays Capital. The forex broker has been supporting virtual currencies such as Bitcoin and Namecoin since 2014, making it the first forex to welcome cryptocurrency trading.

Danielle Meegan

Danielle Meegan is a writer at ETHNews who is based in Los Angeles, though she is a native of New Hampshire. Danielle has been published in a couple of magazines and newspapers throughout the years covering sports and entertainment. Danielle has dabbled with multiple virtual currency exchanges to understand the ins and outs of trading. As of right now, Danielle has invested in over 15 different virtual currencies, including Ether. Read More
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