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AMarkets, an offshore forex broker mostly active in Russia and among the largest there, announced it has started accepting deposits in Bitcoin.
According to the broker’s announcement, deposits in Bitcoin will be converted into USD as per the current exchange rate of the most popular cryptocurrency. The minimum deposit remains USD 1.
The account funding in Bitcoin will be made through the site of AMarkets’ partner, the payment processing firm and e-wallet OKPay, which is active in more than 200 countries and has over 1 million customers.
AMarkets offers trading in forex, metals, commodities, and contracts for difference (CFDs).
AMarkets, incorporated in Saint Vincent and the Grenadines, is a member of the Russian self-regulatory organization (SRO) for over-the-counter (OTC) financial instruments National Association of the Forex Dealers (NAFD) (formerly CRFIN) and the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization. It offers accounts under its UK-regulated partner ATC Brokers.
AMarkets is the latest forex broker to start accepting deposits in Bitcoin. Recently the automated forex broker RoboForex has also started accepting deposits in the cryptocurrency.
Earlier this summer the UK forex broker FXOpen has added mBTC (millibitcoin) as a currency in which clients can open ECN trading accounts. Besides deposits, the broker also allows withdrawals in mBTC.