Offshore forex brokerage LiteForex said it has made available to clients a deposit and withdraw funds in cryptocurrencies Bitcoin and Litecoin. Deposit transactions are processed via OkPay e-payment system without any commission fees.
“Cryptocurrencies are highly liquid assets, and many of our clients prefer to use them for investments,” the broker said. “A deposit is credited in the currency of your Forex account, but both deposits and withdrawals can be made in cryptocurrencies.”
In addition to OkPay, LiteForex clients can also make fund transfers via Visa and MasterCard bank cards, bank wire transfers and online payment systems Skrill, Neteller, WebMoney, Qiwi, and MoneyPolo. They can use a wide range of currencies, including Euro (EUR), US dollar (USD), British pound (GBP), Russian ruble (RUB), Japanese yen (JPY), Swiss franc (CHF), Canadian dollar (CAD), Australian dollar (AUD), and New Zealand dollar (NZD).
Traditionally, LiteForex does not charge any deposit or withdrawal fees and reimburses clients any payment system deposit fees.
LiteForex, set up in 2005, is a collective brand of LiteForex Investments Ltd., which is registered and regulated in the Marshall Islands, and Liteforex (Europe) Ltd., which holds a Cyprus license.