The commission-free cryptocurrency market gained more competition on July 25, 2018, when the Voyager revealed the intent to offer free trading for at least 15 different cryptocurrencies.
Voyager, a startup backed by Uber co-founder Philip Eytan, will function as an aggregation engine for cryptocurrency prices across more than a dozen trading companies.
The platform will allow customers to buy and sell cryptocurrency at the best value among all the venues.
As many only check exchanges they use most like Huobi, Binance, or Coinbase, the Voyager believes it excels by showing prices of 10 different cryptocurrency exchanges and three additional market makers.
The Voyager staff includes current CEO Stephen Ehrlich - former E*Trade CEO and founder of Lightspeed Financial and CEO Oscar Salazar, founding Uber architect and chief technology officer.
The last week of July 2018, Voyager will enter beta testing and hopes to release the full product by the end of October 2018.
The list of the 15 cryptocurrencies Voyager will trade is currently still being finalized, Ehrlich asserted,.
The CEO states that his company is "Leaning towards" other currencies that aren't listed by other major U.S. exchanges such as Ripple and Stellar.
Voyager's free trading product has already been approved in California, Massachusetts, Missouri, New Hampshire, and Montana and hopes to operate in at least 40 U.S. states.
Approval for all fifty states will take time, and the company already has pending applications with the state of New York.
Bitcoin, Ethereum, Stellar, Ripple in Consideration for New Zero-Fee Trading Platform Voyager
Udgivet den Jul 27, 2018
by Cryptoslate | Udgivet den Coinage
Coinage
Seneste nyheder
Se alt
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.