Share this article
BTC
$79,830.85
-
3.95%ETH
$1,520.97
-
9.00%USDT
$0.9992
-
0.03%XRP
$1.9746
-
4.86%BNB
$575.33
-
1.16%USDC
$0.9999
+
0.01%SOL
$111.86
-
6.82%DOGE
$0.1547
-
4.91%TRX
$0.2369
-
0.27%ADA
$0.6009
-
6.16%LEO
$9.4153
+
0.67%LINK
$12.03
-
5.57%AVAX
$18.14
-
2.34%TON
$2.9540
-
8.29%HBAR
$0.1696
-
0.78%XLM
$0.2287
-
6.19%SHIB
$0.0₄1161
-
3.83%SUI
$2.0933
-
7.56%OM
$6.4283
-
2.20%BCH
$289.53
-
5.82%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Crypto Exchange FTX.US Opens Stock Trading to Users Nationwide
Its president said the company won’t be charging trading fees or use a Robinhood-like payment for order flow business model.
FTX.US has opened stock trading to users in all 50 American states, company PresidentBrett Harrison said in a tweet Wednesday.
- The cryptocurrency exchange will now allow all users to trade hundreds of stocks and exchange-traded funds either online or through the FTX.US Pro mobile app, he added.
- The U.S. unit of the FTX exchange piloted the feature to a select group of customers in May, and said it would not charge fees or monetize trades in a way similar to Robinhood (HOOD), which has been criticized for its payment for order flow business model.
- In June, FTX.US acquired stock-clearing company Embed Financial Technologies to provide its application programming interface (API) and brokerage services to the platform.
Cam Thompson
Cam Thompson was a Web3 reporter at CoinDesk. She is a recent graduate of Tufts University, where she majored in Economics and Science & Technology Studies. As a student, she was marketing director of the Tufts Blockchain Club. She currently holds positions in BTC and ETH.
