Admiral Markets introduces its latest product offering, Bitcoin Cash, effective as of Thursday, 3 August, 2017.

The cryptocurrency was created as a result of the hardfork in Bitcoin's blockchain, which occurred on 1 August. Bitcoin Cash was announced as the latest member of the cryptocurrency family the next day.

This is a brand new instrument for Admiral.Markets account holders and will be available for trading 24/7, with 1:5 leverage and no commission or swaps charged for short positions.

Jens Chrzanowski: Member of the Management Board Admiral Markets Group AS

"As far as I know, we're the first to offer the new Bitcoin Cash cryptocurrency for trading," states Jens Chrzanowski, Member of the Management Board Admiral Markets Group AS. He continues, "It's brand new, but has managed to instantly become the world's third most valued cryptocurrency by market capitalisation. We advise you to try out trading new instruments like this with our demo account."

The new BCHUSD is now live and available for demo and live accounts.

Press contact: pr@admiralmarkets.com

Risk disclosure: Forex and CFD's carry a high level of risk and losses may exceed your initial deposit. Admiral Markets UK Ltd. recommends you seek advice from an independent financial advisor to ensure that you understand the risks involved with Forex, CFD's, Margin and Leveraged trading