Although the turbulent days in the crypto market continue, the market continues on its way. While some projects are de-listed, some platforms are expanding their lists. The online trading platform TradeStation lists six new cryptocurrencies, including SHIB, MATIC, LINK.
TradeStation Crypto adds support for 6 altcoins including SHIB
The cryptocurrency industry is growing exponentially. Its main assets are becoming more popular around the world. Crypto brokers are recognizing the opportunity and are constantly expanding their offerings with new digital currencies. One is crypto brokerage firm TradeStation Crypto, a subsidiary of TradeStation Group, Inc., which recently introduced trading support for six additional tokens.
The platform will add 6 altcoins to its list, including Shiba Inu (SHIB), Polygon (MATIC), Chainlink (LINK), Compound (COMP), Aave (AAVE), and Maker (MKR) in its press release on July 11. James Putra, Vice President of Product Strategy at TradeStation Crypto, expressed his enthusiasm for increasing the number of assets his firm supports. Putra explained the selection process and announced the release of more cryptocurrencies:
Each cryptocurrency has been selected for our platform after a rigorous selection process, weighing customer demand and market sentiment. We continue to evaluate additional projects to further expand our services and serve our customers.
Prior to the newest additions, TradeStation offered support to its customers for trading Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and USD Coin (USDC).
TradeStation’s crypto support continues
According to the press release, customers will be able to trade all supported coins in the company’s crypto web and mobile apps, as well as the API suite, which includes both REST and FIX APIs. In addition, the press release stated:
TradeStation Crypto brings together multiple liquidity pools for each trade pair in a consolidated market data feed, along with an intelligent order routing system designed to provide its clients with enhanced visibility and trade execution.
Interestingly, the crypto broker’s services also include owning digital assets as an alternative investment to a self-managed Private Pension Arrangement (IRA) through its platform. The firm notes that this ‘provides flexibility for individuals and investment advisors seeking greater diversification in their retirement accounts.
Meanwhile, Voyager Digital has filed for Chapter 11 Bankruptcy Protection as a result of the recent crypto market crash, after limiting its daily withdrawal limit in late June. As a result, the Toronto Stock Exchange began reviewing Voyager Digital’s delisting on July 6. Its shares have since been suspended, as we reported on Kriptokoin.com.