Online currency trading company Oanda has ventured into digital assets with the launch of trading services for U.S. customers.

On Oct. 20, Oanda announced cryptocurrency trading services for its American market designed to give investors easy access to crypto alongside their existing forex portfolios.

It is the latest traditional finance company to enter the crypto space. However, the move comes in the depths of a bear market when demand is low.

The technology has been developed in partnership with the Paxos Trust Foundation, a regulated blockchain infrastructure firm.

admincp

Source link

You May Also Like

Kazakhstan central bank recommends a phased CBDC rollout between 2023-25

Kazakhstan, the world’s third-largest Bitcoin (BTC) mining hub after the United States…

Senators slam bank execs for blaming collapses on crypto, pocketing millions

A former Signature Bank executive has been slammed for seemingly trying to…

Circle’s $9 Billion SPAC Deal Postponed Once Again; Merger to Take Effect in January 2023 – crypto.news

The Circle-Concord Merger has been delayed the second time due to procedural…

Dogecoin Remains Solid As Profitability Surpasses Bitcoin, Ethereum | Bitcoinist.com

Dogecoin is still a strong contender for the attention of cryptocurrency investors…