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FTX Expands Into Non-commission Stock Trading -Breaking

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FTX Expands Into Non-commission Stock Trading
  • FTX grants access to a few of its US clients.
  • The beta stage of FTX cryptocurrency trading is still underway.
  • FTX was the first company to provide stock trading via crypto-first technology.

Thursday May 19th, FTX will allow access for a limited number of US-based customers. These clients will be able trade stock easily and without restrictions.

FTX plans to offer crypto trading beta access for a select few users. While the product is still in beta, users who have been selected for testing will be able trade stocks and other exchange-traded assets along with cryptocurrencies.

In addition, the company shared its plans to open up stock trading to US customers within the next few weeks. The first stage of a longer-term strategy is stock trading. Futures could be offered by the app in the future.

A question that may come to many people’s minds is why is FTX interested in entering the sto …

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