OANDA Prop Trader enables crypto
payments, giving customers the option to pay for Challenges using
cryptocurrencies, and launches $10,000 Giveaway Sweepstakes
VALLETTA, Malta, July 16,
2024 /CNW/ -- OANDA announced today that it has
introduced cryptocurrencies* as a payment method in
its prop trading business, OANDA Prop Trader, giving customers
globally the option to pay for trading Challenges using
cryptocurrencies via the program's user portal.
OANDA Prop Trader is a program that enables self-directed
traders to become signal providers, on a profit-sharing basis, to
the firm's proprietary trading business. To qualify for the
program, participants need to purchase and complete a Challenge.
Through the Challenge, potential signal providers demonstrate their
ability to generate profits and manage risk. With a variety of
payment methods, participants can now purchase a Challenge with
cryptocurrencies* and start assessing their trading
skills immediately.
Lucian Lauerman, Head of Digital
Assets and Deputy COO at OANDA, commented, "We're pleased to
announce that we're adding crypto as a payment method
in response to rising global demand. A large number of "tech-driven
consumers" in the countries serviced by OANDA Prop Trader are
embracing cryptocurrencies, so this is opening new
doors for those traders who want to maximise the digital economy as
a gateway into prop trading."
$10,000 Giveaway Sweepstakes
Opens More Possibilities For Aspiring Prop Traders
But that's not all. OANDA Prop Trader is also launching an
exciting $10,000 Giveaway
Sweepstakes, open to aspiring traders residing in all the countries
where OANDA Prop Trader is made available.
Entrants can participate in the Sweepstakes by registering for
an OANDA Prop Trader account to get a chance to win a $100 voucher to purchase a Challenge. Each
registration earns one entry into the drawing, and one hundred
winners will be randomly selected to share a total prize pool of
$10,000.
"At OANDA Prop Trader, we value our customers and are committed
to rewarding their journey toward becoming successful
traders. The $10,000 Giveaway
Sweepstakes represents a fun and affordable route for many aspiring
traders to get a chance to test their skills in a prop trading
environment," said Crystal Lok, Head
of Emerging Markets at OANDA.
For more information, visit the OANDA Prop Trader website at
https://proptrader.oanda.com/en/
*Payments are accepted
in both stablecoins and popular cryptos: BTC , AAVE , ADA,
BCH , BNB, , BSV, DOGE, DOT, ETH, LINK, LTC, MATIC, NANO, QTUM,
SHIB, SOL, TRX, TUSD, USDC, USDT20, USDTTRC20.
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About OANDA
Founded in 1996, OANDA is one of the world's leading online
trading groups, offering multi-asset trading, currency data, and
analytics to retail and corporate clients around the globe.
From its roots providing free exchange rate data on the internet
to launching a forex trading platform that helped pioneer web-based
currency trading, OANDA remains dedicated to building smarter
trading experiences.
With regulated entities in many of the world's most active
financial markets, including New
York, Toronto, London, Warsaw, Singapore, Tokyo and Sydney, OANDA enables retail clients to trade
in a variety of asset classes on an award-winning trading platform.
Depending on geographical location, these may include derivatives
of global market indices, equities, commodities, treasuries,
precious metals, forex, and cryptocurrencies.
For more information visit https://www.oanda.com/group/ or
follow OANDA on LinkedIn.
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SOURCE OANDA