TradeStation Crypto adds AAVE, COMP, LINK, MATIC, MKR, and SHIB

Rick Steves

TradeStation Crypto has added six coins to its offering, the self-clearing online brokerage announced.

Aave (AAVE), Compound (COMP), Chainlink (LINK), Polygon (MATIC), Maker (MKR), and Shiba Inu (SHIB) are now available for users after a “rigorous selection process, weighing customer demand and market sentiment”.

In addition to the six newly added coins, clients will continue to have access to trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and USD Coin (USDC).

TradeStation Crypto assessing additional coins

James Putra, Vice President, Product Strategy of TradeStation Crypto, said: “We are thrilled to expand the number of coins we support. Each coin was chosen for our platform following a rigorous selection process, weighing customer demand and market sentiment. We are continuing to assess additional coins to further expand our services and serve our clients.”

TradeStation Crypto now boasts 12 cryptos in its offering, available for trading on the broker’s web and mobile applications alongside its suite of API’s that include both REST and FIX API’s.

The digital asset division of TradeStation aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system designed to give its clients enhanced visibility and trade execution.

Users have access to a capable client services and technical support team as well as educational tools for investors and traders with varying levels of experience.

The US-based crypto platform helps clients own cryptocurrency as an alternative investment in a Self-Directed Individual Retirement Arrangement (IRA), providing flexibility for individuals and investment advisers who aim to achieve greater diversification in their retirement accounts.

FIX API for crypto order execution and real-time market data

It was in January that TradeStation Crypto introduced access to trading crypto via a financial information exchange (FIX API) protocol for crypto traders, investors, institutions, and third parties. Users now can access aggregated liquidity with intelligent order routing designed to seek the best pricing available from connected liquidity sources and fast execution

The FIX API for TradeStation Crypto provides customers with full access to crypto order execution and real-time market data when connecting via the TradeStation Crypto FIX API.

In addition, the protocol improves customer service support for onboarding, integration, and testing, as well as ongoing product support, and provides access to TradeStation’s aggregated liquidity and intelligent order routing algorithm and the ability to transfer large amounts of data as quickly as possible.

Read this next

Uncategorized

US and South Korea seek extradition of Luna founder Do Kwon

Both US and South Korean officials are seeking to extradite Terraform Labs CEO Do Kwon, just hours after he was arrested in Montenegro.

Retail FX

Pepperstone UK doubles profit, client assets in 2022

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Institutional FX

CLS FX volume rises to just shy of $2 trillion in February

Foreign exchange settlement provider, CLS Group saw strong volumes in February 2023 as the banking crisis continues to weigh on a world economy that’s yet to fully recover from the Russia-Ukraine war’s shocks.

Digital Assets

Binance restores trading after 2-hour outage

Binance suffered a breakdown on its trading engine that lasted for about two hours, but the premier cryptocurrency exchange finally managed to restore normal operations at around 14:00 UTC.

Digital Assets

Tether earns $700 million in Q1, taking excess reserves to $1.6 billion

Tether chief technology officer Paolo Ardoino said the world’s largest stablecoin issuer expects to earn more than $700 million in the January-Mach quarter, which will be added to the reserve backing its stablecoin (USDT).

Digital Assets

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.

Technology

SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products. 

<