TradeStation Adds Support for Six Cryptocurrencies

TradeStation Crypto, an online cryptocurrency brokerage, announced on Monday that it has added support for six additional digital assets to its trading platform.

According to the press release, Aave (AAVE), Compound (COMP), Chainlink (LINK), Polygon (MATIC), Maker (MKR) and Shiba Inu (SHIB) are now supported for trading at TradeStation Crypto, in addition to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and USD Coin (USDC).

All six tokens are now available for trading on the brokerage’s crypto web and mobile applications alongside its suite of API’s that include both REST and FIX API’s.

“We are thrilled to expand the number of coins we support. Each coin was chosen for our platform following a rigorous selection process, weighing customer demand and market sentiment. We are continuing to assess additional coins to further expand our services and serve our clients,” James Putra, the Vice President of Product Strategy at TradeStation Crypto, commented.

A consolidated market data feed combined with an intelligent order routing system allows TradeStation Crypto to aggregate multiple pools of liquidity for each trading pair.

TradeStation announced in May that it now offers Micro Copper Futures from CME Group. Over 450 futures and futures options products are now available through TradeStation.

Copper futures from CME Group will provide greater liquidity and transparency to a variety of market participants. Since micro products are smaller in notional size, they have lower margin requirements, making them more accessible to retail traders seeking diversification and flexibility. Micro Copper Futures are cash-settled and one-tenth the size of standard-sized copper futures contracts.

"We're excited to offer a new micro metals futures product to meet the needs of our customers while continuing our longstanding relationship with CME Group. Over the past few years, we've seen a growing interest in futures, especially from younger investors who are becoming more advanced and educated on the market,” John Bartleman, the President and Chief Executive Officer of TradeStation Securities' parent company, TradeStation Group, Inc, commented at the time.