Fintech-startup SoFi has announced the launch of a service for trading cryptocurrencies on its platform. More than 800,000 people have benefited from the SoFi investment application.
The launch of the service was a response to the growing demand of customers. Now users can trade in three cryptocurrencies – BTC, LTC and ETH. however, SoFi plans to add new crypto assets to its platform in the coming months.
“Feedback from our customers has shown that a significant percentage of users are interested not only in learning cryptocurrencies, but also in the trading of digital assets,” said Anthony Noto, SoFi CEO.
The service is provided by SoFi Digital Assets. The minimum order volume for users is $ 10, and the maximum is $ 50,000. The commission for the transaction can reach 1.25%. The mark-up is added to the market price, and then SoFi places a market order.
Testing cryptocurrency trading on the SoFi platform began just a week ago. Then it was reported that the service would be available to citizens of 36 US states. At the same time, New Yorkers will not be able to trade cryptocurrencies on the site, as the company did not receive BitLicense.
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