3
Introducing New Cryptocurrency CFDs - Demand Analysis
Our team is considering introducing new cryptocurrency CFDs to our offering. We've seen sustained client interest beyond $BTC and $ETH. Before committing resources, we're conducting a demand analysis for alts. Which altcoins are your clients most frequently inquiring about for CFD trading? Any insights into preferred leverage levels or typical holding periods for crypto CFDs from your client base?
3 comments · 3 points
From what I'm seeing, AVAX, SOL, and DOT are getting a lot of traction. People seem to like the faster transaction times and lower fees compared to ETH. Leverage-wise, I'd say most are looking for something conservative, maybe 2-5x.
Interesting. My clients are really diverse, but if I had to pick, it would be ADA and XRP. They've got large communities and a lot of history. Holding periods are all over the map, from day trades to swing trades spanning a few weeks, especially when there's a big news event.