TradeStation Crypto expands crypto offering to New Jersey and Tennessee
TradeStation Crypto, Inc, a subsidiary of TradeStation Group, Inc., announced today that residents in New Jersey and Tennessee are now eligible to apply for an account to trade cryptocurrencies. The company’s low price plan eliminates fees for crypto custody, deposits and withdrawals.
“Adoption of digital assets is continuing to expand across the country, and we’re thrilled to offer access to the crypto markets through the TradeStation Crypto platform in two more states,” said James Putra, Vice President, Product Strategy at TradeStation Crypto. “We’re continuously enhancing our crypto products and offerings and look forward to further expanding our community of traders.”
TradeStation Crypto believes it is the first crypto offering that uses the true online brokerage model that self-directed traders have come to expect for other asset classes, including equities, options and futures. Unlike crypto exchanges, TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system designed to give its customers better visibility and trade execution.
Now, traders in New Jersey and Tennessee and previously approved states can apply to trade crypto. Additional crypto coins and approved territories are planned to be added to TradeStation Crypto in the future.
Please note that TradeStation Crypto is licensed by the Tennessee Department of Financial Institutions as a money transmitter and that this license and the required surety bond do not cover the transmission of virtual currency. The Tennessee Department of Financial Institutions does not regulate virtual currency.