Through 2021, we have witnessed significant changes in crypto. As a result, volatility has increased in markets. This includes the ban of crypto by China and the rise altcoins. How does this affect the future of the crypto industry in 2022?

Eightcap is a renowned crypto derivatives provider. Marcus Fetherston, Head Operations, talks with us about how the demand for these derivatives has been growing rapidly and what key trends retail traders should be looking out for in the future.

Q. Could you please tell us more information about Eightcap?

Eightcap provides CFDs and FX and was recently named the Best Cryptobroker of the year by AtoZ Market. Our company was founded in Melbourne in 2009. Since then we have expanded and offer our products worldwide. We currently offer access to more than 600 financial instruments including FX and Indices as well as Shares, Commodities, Commodities and Cryptocurrency.

We are a company whose main goal is to provide MT4/MT5 trading opportunities. This can be achieved through our wide product range, personal customer service, educational materials, and extensive product offerings.

Q. Q.

Crypto derivatives are booming, and it will thrive in the coming years. We’ve found that trading volumes for derivatives in the crypto market exceed spot markets. This increased demand led us to want to be the first provider of cryptocurrency derivatives within the market.

While you will find an acceptable crypto offer from a licensed broker, you might not be able to get long or short positions on many altcoins. We found that the licensed derivatives providers don’t have a varied product range.

With this knowledge, how will you cater to derivative traders who want to open positions in altcoins like, Pancake Swap or DODO? That’s one reason why we launched over 250 crypto derivatives.

We made sure there was enough to trade, regardless of whether traders were interested in the most popular or emerging cryptos.

Another reason why we launched a complete crypto derivative offer is that there aren’t many licensed brokers offering crypto derivatives. There are many companies that offer crypto derivatives. However, it is very risky to trade derivatives with these providers.

The reason is that they are not regulated, and this means traders won’t have peace of mind when trading derivatives. Both of these problems are addressed by us. Our crypto derivatives have been rolled out in excess of 250 with extremely low spreads. We are also regulated by multiple jurisdictions.

Q. Which do you see as the best future for crypto derivatives trading?

It is clear that the market for crypto derivatives has experienced substantial volatility in the last year. The market is more appealing for retail traders looking to profit from fluctuating prices.

This volatility will not abate with changes in regulations over the next year. It will only get worse if crypto is widely accepted, which I think it will. This will make crypto derivatives even more appealing. Global investors will continue to monitor the Ethereum blockchain for any updates, which could have a significant impact on the market.

Already, we are seeing similarities between crypto trading with more traditional assets like FX trading. For example, price patterns and liquidity levels. There will be a shift in the way that crypto derivatives trading should be approached.

Already, we are seeing the stigma surrounding the cryptocurrency sector disappear. The benefits of crypto technology are now being recognized by governments around the globe. In some countries, crypto is also being recognized as legal tender. Crypto derivatives are just beginning.

Q. Q.

It will, I believe. It is quickly changing how we see crypto. It’s a matter of reevaluating and creating a comprehensive regulatory framework that will tick most of the boxes. If we look to the U.S., there’s a crypto bill in the works.

It covers all aspects of the crypto market, including how it is taxed and how consumers can be protected against scams. This bill has been proposed by a pro Bitcoin senator. Regulative changes can only be made when politicians realize how important Bitcoin is as a currency store. This will be fascinating to watch in the next year.

Q. Q. What do you think about DeFI?

Ethereum won the decentralised finance market last year. There are still questions as to whether or not this dominance will persist in the future. The market is beginning to slump, which we are calling the Ethereum killers.

Of course, there have been rivals in the last part of 2021 and their combined value has risen dramatically. Because of the high gas costs they pay on the ETH blockchain network, many investors have begun to look at other networks, such as and. The rise in decentralized finance has been enormous, regardless of the blockchain used.

Q. What is Eightcap’s game plan for 2022?

We have many projects coming up, we are keeping them under wraps for now, so I can’t say much about that. Our primary goal is to evolve to meet the demands of traders in crypto derivatives.

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