First Global Credit, a finance company that brings mainstream profit opportunities within the reach of bitcoin holders, announced that it has added more than 50 fast moving stocks from the Hong Kong Stock Exchange (HKEX) to the bitcoin-backed trading portal.
The announcement follows a successful addition of UK shares that was added last year. The newly added stocks cover Hong Kong-based companies and also make it possible to hold positions in more than 30 mainland Chinese companies that are being traded on the HKEX, the announcement read.
“Through the medium of bitcoin, First Global makes it possible for investors from around the globe including the developing world to have access to profitable trading opportunities that simply would not have been possible before bitcoin,” Marcie Terman, Founding Director of First Global Credit, stated. “We are now serving growing numbers of traders in Africa and Latin America, as well as parts of Asia including Indonesia, Malaysia, and even Nepal.”
With the addition, the company aims to support bitcoin as an addition to the global economy. Apart from stocks and futures trading, First Global additionally offers ‘Currency Switch’ feature and service that allows bitcoin to fiat currency trading with significant benefits.
“Currency Switch works on the premise that it does not matter if you are holding your trading collateral in fiat currency or bitcoin. This allows clients to take advantage of bitcoin price moves while simultaneously trading other markets. First Global clients have a distinct edge over other bitcoin holders because they can extract profit from their capital in two ways at the same time,” Gavin Smith, CEO of First Global Credit, explained.
