Oanda’s new trading service developed in partnership with Paxos allows investors easy access to crypto through mobile platform.
said the partnership with Paxos gives his firm a regulated partner in which to grow its crypto offerings.
Oanda executive Jessica Bestead said the decision to offer crypto trading services was “in response to the needs of active traders,” a sign that more market participants were looking to gain exposure to digital assets.Founded in 1996, Oanda claims to be the first company to share exchange rate data free of charge on the internet, launching a forex trading platform that helped to pioneer the development of web-based currency trading five years later.
In recent years, platforms offering foreign exchange trading and other traditional assets have broadened their services to include crypto. As reported by Cointelegraph, major U.S. trading platform
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