IOTA

[Guest 1st4freedom]

Is there any community support for IOTA being added to the IG platform?

[Guest NadelinaIG]

Hi @1st4freedom and @TrendFollower, 

Thank you for your interest in trading IOTA with IG. We are currently in process of reviewing the option to offer IOTA, however, there are a few implication such as demand, hedging and storage that we need to consider before offering it. At this point, due to the aforementioned, we are not in a position to offer IOTA. If this situation changes, we will be notifying our clients. Please note that we have recently launched 3 new coins on the back of IG Community poll. 

 

[Guest PandaFace]

Thanks @NadelinaIG

I'm all for more but love the additions you’ve made recently 

[Guest PandaFace]

11 hours ago, TrendFollower said:

 

Plus500 which is another platform I use for trading Cryptocurrencies offers IOTA. How do they manage it? If IG want to be perceived as better than Plus500 then they need to improve their Cryptocurrency offering. 

Generally by **** you on the price, taking a huge cut in overnight charges which is astronomical, and then making a load of money to offset their risk in low liquidity. 

I’m also fairly confident they also offer asymmetrical spreads when there’s a strong trend. 

Plus are scumbags. 

[Guest 1st4freedom]

The problem with plus 500 is that you are restricted to small positions and limited timeframes to trade, as I trade medium to longterrm.

Therefore I am still using Bitfinex for leveraged trades with IOTA.