Robinhood Expands Commission-Free Trading

Robinhood expanded to more states opening a zero charge trading to investors in California, Massachusetts, Missouri, and Montana
03 April 2018   368

Robinhood is promoting the idea that a technology-driven brokerage could operate with significantly less overhead as it cuts out the charges that make other brokerages costly. It has reported recently that it is making a commission-free Bitcoin and Ethereum trading available to investors in California, Massachusetts, Missouri, and Montana.

Robinhood twitterRobinhood announcement on Twitter

The users were pretty amused by the news and started asking about the same services in other states like Texas, New York, Chicago, but the exchange did not make any official statements regarding other states yet, although there is sure a possibility that Robinhood will expand its services further.

It is worth reminding that in February the exchange tweeted that it started to gradually send invites to customers residing in CA, MA, MO, MT, NH, lookingforward to releasing crypto trading functionality in more states later. In the meantime, the users can monitor market data for 16 cryptocurrencies and add them to the watchlist.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   156

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.