Fidelity International are testing cryptocurrency launch
- The investment service provider are at present launching a simulator for the testing of cryptocurrency trading.
- It follows Fidelity USA which is taking the steps to full adoption of cryptocurrencies.
The investment service provider Fidelity International, their European and Asian branch, is exploring its customers’ view of cryptocurrencies via the launch of a trading simulator, which is dedicated to cryptocurrencies.
It comes following Fidelity USA making all the moves to adopt cryptocurrencies, this would become the first large crypto trading desk in the country.
Fidelity International will launch a game that will see its staff simulating crypto trades with fake fiat currency. More than 1,200 of the 8,000 member staff are already participating in the game. Participants must anticipate market movements and grow their holdings.
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
