E*Trade Reportedly Close to Offering Bitcoin (BTC) and Ethereum (ETH) Trading

torbakhopper / Flickr

Online stock brokerage E*Trade, which currently has more than 5 million users, is reportedly planning to add cryptocurrency trading to its platform in the near future.

According to a recent report by Bloomberg that cites individuals familiar with the matter, E*Trade will start by adding Bitcoin (BTC) and Ethereum (ETH) and is considering additional cryptocurrencies for future addition.

This news comes the same week that TD Ameritrade began testing crypto trading via Bitcoin and Litecoin (LTC) paper trading. The test integration was corroborated Tuesday by Charlie Lee, who tweeted, “TD Ameritrade is testing both BTC and LTC trading on its brokerage platform.”

The addition of giants like TD Ameritrade and E*Trade will undoubtedly shift the current exchange landscape, offering millions of investors a way to get into the crypto market without joining a new trading platform.
More: E*Trade Is Close to Launching Cryptocurrency Trading
Image: torbakhopper / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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