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The German online broker justTRADE announces that it is strongly expanding its crypto offering.

In a recent press release, the online broker justTRADE announces that it is significantly expanding its crypto offering. As of now, twelve cryptocurrencies and also 23 crypto ETPs (Exchange Traded Products) are tradable. New tradable cryptocurrencies are Cardano, Binance Coin, Solana and Tezos.

Exchange Traded Products can be, for example, ETFs (Exchange Traded Funds), ETCs (Exchange Traded Commodities) or ETNs (Exchange Traded Notes). The new product range is made possible by a newly won partnership with the Swiss company 21Shares.

Ralf Oetting, founder of justTRADE, explains:

We are very much looking forward to the cooperation, since we are significantly expanding our product range thanks to 21Shares – and can justifiably claim to have the largest crypto offering of all German online brokers.

Ralf Oetting, founder of justTRADE

Managing Director of 21Shares, Marco A. Infuso, is also positive about the new partnership:

Growing with the right partners in the DACH region is my top priority. Therefore, complementing the physical coin acquisition of justTRADE with our ETPs was only a logical consequence. I am looking forward to the cooperation and especially the opportunity to convince retail and professional investors alike of our quality in the future.

Marco A. Infuso, Managing Director of 21Shares

The neo-broker thus offers its clients to invest in the cryptocurrency market via indices. Ralf Oetting expressed this view:

In the process, the crypto universe, including crypto ETPs, is constantly and rapidly growing. Therefore, we would like to open up all conceivable trading opportunities for our customers in this area as well and also give them the opportunity for the greatest possible diversification, also and especially in terms of risk diversification.

Ralf Oetting, founder of justTRADE

Besides Bitcoin and Co. – further possibilities

In addition to the twelve cryptocurrencies offered, the company offers its customers the opportunity to invest in over 8,500 stocks and ETPs. Furthermore, it is possible to choose from more than 500,000 certificates.

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With the newly offered ETPs, customers of the online broker justTRADE now have the opportunity to speculate on falling prices. And so it is possible to put together a more varied investment strategy.

Michael B. Bußhaus comments on this:

Even if crypto stocks are the asset class of the future – similar mechanisms and rules apply here as in the area of classic securities investment forms: Prices can not only go up, but also down – and in such a market environment, our customers should be able to move optimally and flexibly.

Michael B. Bußhaus, also founder of justTRADE