IG Group Launches Retail XRP Trading with Uphold Partnership
- IG Group, valued at $3.5 billion, is offering retail trading for XRP and 37 other cryptocurrencies.
- The company is the first London-listed broker to offer spot crypto trading.
- Partnership with Uphold provides custody and execution services for the platform.
- Assets with Uphold are not covered by the Financial Services Compensation Scheme.
- Retail investors can only trade fully paid positions without leverage.
IG Group’s new initiative allows retail investors to trade a total of 38 cryptocurrencies, including XRP, marking a significant step in the UK’s digital asset market. The partnership with Uphold ensures secure custody and execution services, although assets are not protected by the Financial Services Compensation Scheme.
Source (2.6)https://coingape.com/3-5b-uk-firm-opens-xrp-spot-trading-in-retail-crypto-push/?rand=24432
