TradeStation Crypto, a cryptocurrency brokerage firm announced the expansion of its services to two new states in the United States.
According to reports, TradeStation Crypto expansion to South Dakota, and Alaska increases the grand total to nineteen different states within the United States.
Therefore, the residents of South Dakota and Alaska now get the opportunity to apply for an account to trade cryptocurrencies.
Quoting the official post: “TradeStation Crypto, a subsidiary of TradeStation Group, Inc., is pleased to announce that residents of South Dakota and Alaska may now apply for a TradeStation Crypto account to trade cryptocurrencies.”
Besides, cryptocurrencies like traders in Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH). As well as, Litecoin (LTC), and XRP becomes available for interested traders. Also, the brokerage firm revealed plans to add more cryptocurrencies to the platform in the future.
James Putra, Director of Product Strategy at TradeStation Crypto commented on the development.
He said: “We’re excited that traders in South Dakota, Alaska and our long list of other states now get another way to participate in the cryptocurrency markets through a trusted and familiar brand.”
Notably, the platform claims they’re the first crypto offering that uses an online brokerage model that self-directed traders expect for other asset classes. Instead of being a crypto exchange, the platform reportedly aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system. Therefore, giving customers better visibility and trade execution.
Further emphasizing their progress, James Putra said: “Last month we announced our crypto offering availability for traders across Illinois. As well as, Rhode Island, Washington, and Wisconsin.”
About TradeStation Crypto
The platform is a subsidiary of TradeStation Group, Inc. commenced operations last year. According to reports, the US-based firm offers cryptocurrency brokerage services for self-directed online traders.
Last month, TradeStation Crypto announced its expansion to four new US states. They include Washington, Rhode Island, Wisconsin, and Illinois.