Alpaca Crypto is pleased to share updates with their traders and partners. Starting from 9 am EST on Friday, August 18th, they will be rolling out support “for new cryptocurrencies, expanding their USDC pair support, and facilitating deposits and withdrawals for all supported Ethereum (ERC-20) based tokens.”
New Cryptocurrencies Joining the Alpaca Crypto Ecosystem
The firm will be introducing new coins into their platform, “with the aim of further enriching you and your end-users crypto trading experience.”
Here are the new cryptocurrencies that will be supported:
- Curve Token (CRV)
- Polkadot (DOT)
- USD Coin (USDC)
- Tezos (XTZ)
Enhanced Support for USDC Coin Pairs
They are also pleased to announce that they are “embarking on a substantial expansion of our USDC pairs support.” As noted in the announcement, an array of USDC pairings, “including BTC/USDC, ETH/USDC, CRV/USDC, and numerous other combinations, will now be readily available to our esteemed crypto traders and partners.”
Starting from August 18th, the following USDC coin pairs will be fully supported:
- USDC pairs (AAVE, AVAX, BAT, BCH, BTC, CRV, DOT, ETH, GRT, LINK, LTC, MKR, SHIB, UNI, XTZ)
- Deposits and Withdrawals for All ERC-20 Tokens
Continuing their commitment to enhancing their customers’ crypto experience, they’re pleased to unveil “an expansion of their crypto wallet services.”
They will aim to “facilitate seamless deposits and withdrawals for all Ethereum (ERC-20) based tokens.”
It’s important to note that in the spirit of transparency, they want “to inform you about an upcoming change.” To maintain a sustainable and thriving crypto ecosystem, they will be implementing “an assessed withdrawal fee of 0.5% (50 basis points) for corresponding asset withdrawals.”
While this adjustment is notable, it is “a necessary step to ensure the continued strength of our crypto environment.”
At Alpaca they are “driven by innovation, guided by transparency, and dedicated to enhancing your crypto journey.”
As mentioned in a blog post, Alpaca’s easy to use APIs “allow developers and businesses to build apps, embed investing, and trade algorithms.”
Cryptocurrency services are “made available by Alpaca Crypto, a FinCEN registered money services business (NMLS # 2160858), and a wholly-owned subsidiary of AlpacaDB, Inc.”
Alpaca Crypto is “not a member of SIPC or FINRA.”
Cryptocurrencies are not stocks and your cryptocurrency investments are “not protected by either FDIC or SIPC.”
Cryptocurrency is “highly speculative” in nature, involves “a high degree of risks, such as volatile market price swings, market manipulation, flash crashes, and cybersecurity risks. Cryptocurrency is not regulated or is lightly regulated in most countries.”
Cryptocurrency trading can “lead to large, immediate and permanent loss of financial value.”
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