Yahoo Finance users can now …

Yahoo Finance users can now …

Yahoo Finance Users Can Now Trade Bitcoin, Ethereum And Litecoin

Yahoo Finance has integrated the ability to trade Bitcoin, Ethereum and Litecoin on its platform. The service also displays statistics for other cryptocurrencies such as Bitcoin Cash, Ethereum Classic and EOS, however, they are currently not available for trading..

Some members of the cryptocurrency community, including crypto enthusiast and founder of Morgan Creek Digital, which recently launched its own index fund containing a basket of digital assets, Anthony Pompliano, see this news as an important advance in the development of the digital asset market..

At the same time, analyst Matt Odell draws attention to the fact that the tool proposed by Yahoo is only a frontend interface that requires connection to a brokerage account. In other words, users still need an account on the Coinbase exchange or the Robinhood app in order to trade cryptocurrency through Yahoo Finance. In this regard, Odell wonders why users should resort to using a third-party interface instead of the original service..

Yahoo Finance users can now ...

In addition to cryptocurrencies, the list includes traditional brokers that allow Yahoo Finance users to transact securities

A section dedicated to cryptocurrencies, with the help of which users can track the movements of the rates of digital assets, appeared on Yahoo Finance in early December last year. A week later, the American exchange Coinbase announced the integration with the service. Thanks to this collaboration, users were able to check their account balances on the exchange through the Yahoo Finance mobile app for Android and iOS..

“This integration is another sign of how brands with a large number of consumers are responding to their customers’ growing demand for digital currencies. Awareness of this new asset class and technology is growing, and Yahoo Finance is making it easier for Coinbase users to get the latest information by integrating their service with our exchange, ”Coinbase said at the time..

Yahoo Finance users can now ...
Yahoo Finance users can now ...

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