Cryoto Currency

New York-based forex broker Oanda launches US crypto trading services By Cointelegraph


Oanda, a New York-based forex broker launches crypto trading services for the US

Oanda, a New York-based multi-asset trading company, has launched a cryptocurrency trading service in the United States. This new addition was developed in partnership to Paxos Trust Company, a regulated blockchain infrastructure provider, and is intended to provide investors easy access to cryptocurrency alongside their existing forex portfolios, in a secure environment.

The collaboration will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’s itBit exchange through Oanda’s mobile platform, the broker . Investors will be able to open and fund trading accounts as well as gain access to major cryptocurrencies, such as (BTC) and Ether (ETH). According to Oanda, users will benefit from the company’s long track record in the forex and derivatives markets.