Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States, according to a press release shared by the company with Cointelegraph on March 7. The exchange, which — per the release — has over 10 million registered users, will start facilitating the trade of 13 unspecified crypto assets and release a cryptocurrency multisignature wallet to customers in 32 U.S. states and territories. The wallet will support Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Stellar (XLM) and Ripple (XRP), and will enable users to send and receive the supported assets. …
Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from investment platform eToro and published on Feb. 19. Per the report, 43 percent of the surveyed millenial online traders demonstrate less trust in the traditional stock market, while having more faith in cryptocurrency exchanges. 93 percent of millennial cryptocurrency traders reportedly said that they would invest more in digital currency if traditional financial institutions proposed such an option. At the same time, 71 percent of millennials that do …
Major U.S. crypto wallet provider and exchange service Coinbase has refuted “inaccurate” media reports that the platform engages in proprietary trading, in an official statement published Thursday, September 20. According to Coinbase, media coverage has “inaccurately characterized” the results of the New York Virtual Markets Integrity Report, to which Coinbase had voluntarily contributed information about its practices by participating in a Virtual Markets Integrity Initiative Questionnaire. Coinbase yesterday cited the report, with the view to “correct the record”: “The report states: ‘Coinbase disclosed that almost twenty percent of executed volume on its platform was attributable to its own trading.’” However, …
Cryptocurrency exchange and wallet service Bittrex has announced plans to launch U.S. dollar (USD) trading pairs for two new cryptocurrencies, according to an official announcement published August 8. Per the announcement, Bittrex is looking to expand its fiat markets to Ethereum Classic (ETC) and Ripple (XRP) on August 20. The new trading pairs will be added to already listed dollar markets for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and TrueUSD (TUSD). The company says that it will continue gradually adding tokens to its USD markets, using a “phased approach” for USD trading. Bittrex further explained that it takes a gradual …
A licensed U.S. crypto asset brokerage dubbed ‘Voyager’ has revealed plans to launch a zero-fee mobile trading app in Q4 this year, according to a press release published on BusinessWire today, July 25. The new platform intends to bring investors a single access point to trade and manage their assets across multiple crypto exchanges, without charging fees or setting minimums for orders. Voyage will use smart order routing (SOR) -- a software popular with banks and brokers in traditional markets that uses algorithms when directing orders across various trading venues in order to optimize the execution of buy/sell orders. Stephen …