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Trade EOS, Stellar and NEO crypto assets on IG

NadelinaIG

Three new crypto assets

We are pleased to announce that you can now trade three new cryptocurrencies on our platform - EOS, Stellar and NEO. You should be able to see these on the CFD and spread betting leverage accounts under the 'Cryptocurrencies' header on the left hand side as well as on mobile. You can't trade these on a share dealing, ISA or smart portfolio account. 

2018-08-21 15_55_17-Which NEW crypto asset are you most interested in_ - Cryptocurrency and Blockcha.pngKey contributors to the recent launch were IG Community members who participated in a poll and picked which new crypto assets they were most interested in. The results can be seen on the right, notably Stellar, EOS and NEO taking the lead, and whilst other factors were involved in the decision making process, I hope this helps show the importance of customer feedback

 

We have given a quick overview of EOS, Stellar and NEO below, but the Community moderation team just wanted to thank those on Community for continuing to share their feedback. Please feel free to help shape the future of IG by submitting your own thoughts and opinions - every feedback item is reviewed and where appropriate passed on to the correct developer team.

 

Why trade EOS, Stellar and NEO with IG?

  • New crypto assets can be traded throughout the week and over the weekend*.
  • Go short as well as long on all crypto markets.
  • Great liquidity with a reputable, regulated leverage provider you can trust where your funds are held in segregated bank accounts and protected by a variety of government schemes depending on your residency. 
  • EOS, NEO, and Stellar have a high position in China’s latest cryptocurrency ranking list.
  • You can now trade this months top five most globally discussed alt-coin crypto assets with IG (as well as the grandfather of all cryptocurrencies bitcoin, it's fork bitcoin cash, and two crypto specific crosses ether/bitcoin and bitcoin cash/bitcoin). 

 

trade EOS, setllar, and NEO online at IG.png

 

EOS

Market cap (as of 21st Aug) - $4,400,000,000 USD
Circulating supply (as of 21st Aug) - 906,245,118 EOS
Total supply - 1,006,245,120 EOS

EOS is a blockchain platform for the development of decentralised apps, similar to ethereum in function. EOS aims to combine the best features and promises of the various smart contract technologies (such as the security of Bitcoin and the computing support of ethereum) in a single simplified scalable platform. A key goal is to build a blockchain platform that can securely and easily scale to thousands of transactions per second. Recently Block.one announced that they are committed to investing over $1B into funds focused on the growth of the EOS in the blockchain economy.

An interesting event in the Crypto-world is China’s blockchain ranking this month, which put EOS on top: The new ranking, created by two institutions funded by the Chinese government, is known for rating public blockchain networks based on their application and technology, and has chosen EOS as the current top performing blockchain network in the world, pushing back the previous leaders ethereum and bitcoin. Additionally, this month the ranking placed tokens and other major cryptocurrencies like NEO and Stellar ahead of the previously dominant cryptocurrencies.

 

Stellar

Market cap (as of 21st Aug) - $4,061,000,000 USD
Circulating supply (as of 21st Aug) - 18,772,926,091 XLM
Total supply - 104,224,393,646 XLM

Stellar is open-source, distributed payments infrastructure - a platform, which aims to unite banks, payments systems, and users. In July, Stellar became a top performing crypto asset in its class with 40% gains. According to crypto analysts, Stellar is currently preparing for a wider adoption on top of its blockchain platform, described as “the best competitor to ethereum's platform aspirations” (SA, August 2018). It currently has several projects worth noting utilising its blockchain, including its flagship partner (and possible the reason for such significant gains in July), IBM. Additionally, it was the first blockchain to receive Sharia Certification.

 

NEO

Market cap (as of 21st Aug) - $1,168,000,000 USD
Circulating supply (as of 21st Aug) - 65,000,000 NEO
Total supply - 100,000,000 NEO

NEO is a blockchain platform that facilitates the development of digital assets and smart contracts. As a cryptocurrency, it is designed to build a scalable network of decentralized applications. The base asset of the NEO blockchain is the non divisible NEO token which generates GAS tokens that can be used to pay for transaction fees generated by applications on the network.

The main goal of NEO is to become a digital, decentralised and distributed platform for non-digital assets, through the use of “Smart Contracts.” This means that its goal is to become a digital alternative for asset transfers that are currently non-digital. An example, given by members of the NEO team, is paying rent using a smart contract, being automatically triggered once a month, instead of setting up a bank payment. Through a distributed network, NEO aims to create a "Smart Economy".

 

Available now 

All three of these new crypto assets are now available on your trading platform and the charts are in the process of being respectively backdated. Please note that EOS and Stellar are quoted in cents, whilst NEO is quoted in dollars. You can see more information and all contract details on the Help and Support portal. Please visit your respective portal, however UK clients can see NEO, Stellar and EOS contract details here

*Markets close at 10pm on Friday night (UK time), then reopen on Saturday at 4am (UK time).

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Great addition! I haven’t received an email on this? Community def seems to be the place to get news first! 

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