Crypto.com Expands into Traditional Finance with Stock and ETF Trading

Crypto.com has taken a significant step beyond cryptocurrency by launching stock and exchange-traded fund (ETF) trading for select U.S. users. Initially available in Pennsylvania, Ohio, Washington, and Arizona, the platform plans to roll out the service nationwide.

Key Features of the New Service

The new feature allows users to buy, sell, and transfer stocks and ETFs through the Crypto.com app. Users can trade with zero commissions and access fractional shares, providing more flexibility for investors.

US users, you can now add stocks and ETFs to your portfolio! Available in Pennsylvania, Ohio, Washington, and Arizona today — soon across the country.

Promotional Offer for New Service

To promote the new service, Crypto.com is offering users up to a 3% bonus for transferring securities into the app during a limited promotional period.

Crypto.com’s Venture into Traditional Finance

The announcement aligns with Crypto.com’s broader strategy to integrate traditional finance products with its crypto offerings. The platform also plans to introduce stock options trading, along with foreign exchange, commodities, and index derivatives later this year.

Recent Developments and Future Plans

Crypto.com recently dropped its lawsuit against the U.S. SEC, challenging its authority over certain digital assets. The decision came after a meeting between Crypto.com CEO Kris Marszalek and President-elect Donald Trump, where they discussed crypto-friendly policies, including a proposed national Bitcoin reserve.

Stay updated on the latest news in the world of cryptocurrency and traditional finance by following Global Crypto News for more informative articles and updates.

Post Views: 1