OANDA Crypto Launched In UK To Promote New Investors

Key Points:

• OANDA introduces OANDA Crypto, a user-friendly platform for UK traders, offering access to popular cryptocurrencies.
• The platform, operated by OANDA Coinpass Limited, simplifies crypto trading with over 63 cryptocurrency pairs available.
• This expansion aligns with OANDA’s strategic focus on providing secure and accessible routes to digital asset trading, following its acquisition of OANDA Coinpass Limited.

According to CoinDesk, OANDA has introduced OANDA Crypto, a dedicated platform tailored for private investors and traders in the United Kingdom, prioritizing security and user-friendliness.

OANDA Launches OANDA Crypto: A New Era for UK Traders

This new venture, operated under OANDA Coinpass Limited, a firm registered with the UK Financial Conduct Authority, promises a seamless trading experience. Traders can access popular cryptocurrencies like Bitcoin, Ethereum, and Ripple, among others, on a platform backed by OANDA’s renowned reputation for reliability and multi-asset trading services.

With over 63 cryptocurrency pairs available for trading, OANDA Crypto aims to cater to the evolving needs of UK traders, with plans for additional tokens and features in the pipeline.

Secure Access to Digital Assets for UK Investors

Lucian Lauerman, Head of Digital Assets at OANDA, expressed the company’s commitment to simplifying crypto trading for traders of all levels. Lauerman emphasized the UK’s vibrant market and the alignment of crypto trading with OANDA’s traditional operations, noting the rising regulatory standards.

This initiative follows OANDA’s acquisition of a majority stake in OANDA Coinpass Limited in August 2023, marking a strategic move to expand its offerings beyond CFD trading. OANDA’s presence in the crypto space extends to the U.S. through a partnership with Paxos, regulated by the New York State Department of Financial Services.

Additionally, OANDA recently relocated its European operations to Warsaw, Poland, with the acquisition of Dom Maklerski TMS Brokers SA, enhancing its global footprint and reinforcing its commitment to providing secure access to digital assets for clients worldwide.