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   758

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.

Coinsquare to Acquire StellarX

StellarX team belives Coinsquare is a great fit and it will help to develop the exchange
15 February 2019   117

Coinsquare, the largest Canadian bitcoin exchange, has acquired the decentralized StellarX exchange. The deal became a natural continuation of the BlockEQ XLM purse purchase in December 2018.

The StellarX Exchange is built on the Stellar protocol and offers users peer-to-peer trading in a number of cryptocurrencies and even some fiat pairs.

Note that the site does not provide custodial services and does not have access to the means of users.

Coinsquare intends to request a license for StellarX from the regulators of Bermuda. The position of CEO of the platform will be taken by the head of BlockEQ, Megha Bambra.

From here, StellarX will continue along the roadmap we announced last Fall, led by a dedicated team at Coinsquare of developers and designers who will make StellarX into the product we know it can be. StellarX will continue to operate and grow under its own brand. [...] To fulfill its potential, StellarX needs a home with regulatory experience and with a full-scope plan to build around the app. Coinsquare is the perfect fit.

StellarX Team

At the beginning of last year, the Canadian stock exchange raised $ 30 million from Canaccord Genuity. In 2018, she entered the European market, and also planned expansion to Japan.