TradeStation Crypto Adds Cryptocurrency Deposit & Withdrawal Option

The crypto brokerage has also launched new interest-earning capabilities on eligible assets.

TradeStation Crypto, Inc. recently announced that it had launched a suite of new features to its crypto brokerage offering. Namely, it has introduced crypto deposits and withdrawals and mobile trading via TradeStation’s mobile app.

TradeStation Crypto facilitates the buying, selling, and trading of cryptocurrencies. The company is a subsidiary of TradeStation Group, Inc., which in turn, is part of the Monex Group, a Japanese financial services provider. 

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Under the new developments, the crypto brokerage now offers deposits and withdrawals in cryptocurrencies, new interest-earning capabilities on eligible assets, as well as the ability to track profit and loss.

James Putra, TradeStation Crypto
James Putra, Senior Director of Product Strategy at TradeStation Crypto
Source: LinkedIn

Commenting on the new features, James Putra, Senior Director of Product Strategy at TradeStation Crypto, said in the statement: “The current ultra-low interest rate environment has made it difficult for investors to earn interest on traditional products, which may incentivize certain investors to explore adding crypto to their portfolio.”

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“Now, and for the first time, TradeStation Crypto customers can earn interest on their eligible crypto balances whether they’re actively trading or sitting on the sidelines during times of market volatility. Cryptocurrency interest could be a real game-changer.”

TradeStation Crypto mobile trading

Amongst the new features announced today, the crypto brokerage has launched its mobile app trading capabilities, alongside the existing trading platform, allowing investors to trade via their mobile devices.

“We’re thrilled to be able to add these new capabilities and offer our customers a one-stop-shop for all products under the TradeStation Group umbrella,” added Putra in the statement. 

“This is just the beginning of new innovations on the horizon to improve the customer experience. More features are being developed as we speak, and will be introduced to our traders in the coming months, as we strive to make trading crypto as accessible and intuitive as possible.” 

As Finance Magnates reported, TradeStation Crypto was launched in November of 2019 in the United States. The brokerage also provides a dedicated platform to ‎facilitate cryptocurrency trading for institutional ‎investors.

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