Oanda Launches Cryptocurrency Trading Service in the US
Oanda Expands into Cryptocurrency Trading in the US
New York-based multi-asset trading services provider Oanda has introduced a new cryptocurrency trading service in the United States. This initiative, developed in collaboration with Paxos, a regulated blockchain infrastructure company, aims to provide investors with a secure and user-friendly platform to trade cryptocurrencies alongside their traditional forex portfolios.
Key Features of the New Service
The partnership enables US-based investors to engage in spot trading of cryptocurrencies through Paxos’s itBit exchange, accessible via Oanda’s mobile platform. Users can easily open and fund trading accounts, gaining access to major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH). Oanda’s extensive experience in forex and derivatives markets is expected to enhance the trading experience, offering a trusted and reliable environment for crypto investments.
This move marks a significant step in bridging the gap between traditional forex and cryptocurrency markets, providing investors with a streamlined and secure way to diversify their portfolios.
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