I could really use some ETH pairs right now since most of my recent trading revolve around BTC, ETH, LKK and fiat haha! I know its coming in the future but not sure why they are taking so long since they seem to be quite ETH friendly (they will integrate/anchor LKK to ETH blockchain).
tempus, I have another question that maybe you can ask Richard Olsen since you have a good relationship. Regarding CFDs, companies like eToro offer these and they actually pay dividends if you hold a stock CFD during distribution periods. This means that once you buy Apple CFD, they go and buy the equivalent and transfer the dividends if applicable.
My question is basically if Lykke will actually buy and sell the stock once you buy a CFD or it would be just "virtual/digital"? Sorry for all the doubts but I really starting to envision the real potential Lykke has if they get all licenses and keep improving their platform.
I've sent your message to Richard Olsen and will let you know when I have his reply! But sine he is very busy I don't know when.
Regarding Ethereum: It's also something I personally can't say much about but will try to get infos!
Do you have experience with CFD's?
Thanks tempus, you're always so helpful! I do have some experience, I think they are great even for long term investing that is if you trust the exchange or authority managing it. Sites like eToro or plus500 are safe and regulated and with insurance but of course it's not the same as owning the actual stock. However for medium term investment or diversifying I think CFDs are perfectly fine. That is if you also get the dividends you are entitled to. A while ago these exchanges kept the dividends for themselves but lately they started distributing them so right now there's virtually no difference on holding a stock to a CFD except for the risks I mentioned above. It's very similar to a IOU if you will. This could very well translate to crypto soon with dividend paying tokens like ICN, SNGL, LKK, etc. We'll see if exchanges will distribute them or not.
I know because we already discussed that CFDs will be a major player for Lykke along with FX so I'm curious to see what they are planning in this case