TradeStation, an online broker-dealer and futures commission merchant, announced on Wednesday residents in Connecticut, North Carolina, North Dakota, Vermont, Washington D.C., and Wyoming may now apply for an account to trade cryptocurrencies on TradeStation Crypto’s brokerage platform. The news comes less than six months after TradeStation Crypto, has received additional state approvals in Illinois, Rhode Island, Washington, and Wisconsin.
As previously reported, TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system to offer its customers what it believes is better visibility and trade execution.
“TradeStation Crypto believes it is the first crypto offering that uses the true online brokerage model that self-directed traders have come to expect for other asset classes, including equities, options and futures.”
TradeStation further revealed that traders in Connecticut, North Carolina, North Dakota, Vermont, Washington D.C., Wyoming, and previously approved states may apply to trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and XRP. James Putra, Director of Product Strategy at TradeStation Crypto, added:
“This month we connected to ErisX to help improve our customers’ view of prices and access to deeper liquidity. We’re looking forward to expanding even further to give more traders simplified access to the crypto markets.”