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TradeStation Crypto expands in US with two new licenses

Manasee Joshi by Manasee Joshi
February 20, 2020
in Industry News
2 min read
TradeStation Crypto expands in US with two new licenses
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Crypto brokerage firm TradeStation Crypto has extended its services to two new states in the United States, South Dakota, and Alaska, taking the grand total to nineteen different states within the US, an official press release announced on Wednesday.

For over three decades, TradeStation Group has been successful in bringing in active and seasoned investors to its platform, and the organization believes that its crypto-focused subsidiary will follow the same path to success.

TradeStation Crypto, the US-based digital assets-centric subsidiary of the TradeStation Group, commenced its operations last year as a reliable and trustworthy brokerage platform for serious cryptocurrency traders.

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Based on an online brokerage format that efficiently addresses the pain points of trading on cryptocurrency exchanges, the platform offers an overview of the overall market with multiple liquidity pools options. An innovative order-routing tool gives users a wholesome trading experience with enhanced visibility and faster trade execution.

TradeStation Crypto eyes major expansion in the US

And while it was just last month that TradeStation Crypto announced its expansion to four new US states, Washington, Rhode Island, Wisconsin, and Illinois, according to Wednesday’s announcement, the firm is ready with two more approvals. We are thrilled to extend our services to Alaska and South Dakota and encourage enthusiastic traders in these states to engage in crypto trading with a trusted actively and reputed brand, announced James Putra, who is the product strategy director at the firm.

With this new addition, residents of Alaska and South Dakota can now buy and sell five major cryptocurrencies, namely Bitcoin, Ethereum, Bitcoin Cash, Ripple, and Litecoin, with more supported cryptocurrencies expected to be added soon. 

It is important to note that users who wish to avail TradeStation Crypto’s services are required to create a TradeStation Securities account. The arrangement enables users to seamlessly purchase crypto using the fiat from the TradeStation Securities account and transfer the proceeds, upon selling of crypto, to the same account.

Featured image by Pixabay

Manasee Joshi

Manasee Joshi

An avid reader and an enthusiastic writer, Manasee recently chose to dedicate her time doing freelance writing. A degree in English literature and experiences in Administration, HR, finance, literature, creativity and innovation tucked under her belt, she crafts engaging and compelling content for crypto and blockchain audience.

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