Gold enabled as a new currency in Admiral Markets’ wallet
We are excited to announce that from Thursday 19 March 2020, Gold will be enabled as a new currency in the Admiral Markets wallet in Trader's Room.
The Admiral Markets wallet is a central account that can link trading accounts with funds held in bank accounts, e-wallets, credit cards and more. This feature empowers traders to make deposits directly to their wallets, rather than having to fund individual trading accounts, and it protects deposited funds from any open positions held in their trading accounts.
Being able to choose Gold as an account currency gives traders yet another way to diversify their portfolios, and gives buy-and-hold investors a way to hold long-term positions on the precious metal. It's simple - if you're going to be parking your money anyway, why no park it in Gold?