WonderFi crypto brands Bitbuy and Coinsquare to offer CFD trading via agreement with Eightcap

WonderFi crypto brands Bitbuy and Coinsquare to offer CFD trading via agreement with Eightcap

Canada based crypto trading venue operator WonderFi Technologies Inc (TSE:WNDR) has announced that the company has entered into a non-binding Letter of Intent to form a new partnership with Retail FX and CFDs broker Eightcap and Embedded, its Trading-as-a-Service (“TaaS”) solution.

This collaboration aims to give users on WonderFi’s wholly owned crypto trading platforms, Bitbuy and Coinsquare, access to derivatives across a wide range of popular financial markets, including foreign exchange, major indices, oil, metals, and a curated selection of individual stocks.

These products will be offered as contracts for difference (“CFDs”), which are regulated over-the-counter derivatives that allow users to speculate on asset price movements without owning the underlying…
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