Residents of Puerto Rico can now apply for a TradeStation Crypto, Inc. account to trade cryptocurrency. This was just after TradeStation, an award-winning* self-clearing online brokerage, mentioned its arrival in the region. With aggregated liquidity, efficient order routing, and competitive pricing, crypto trading is available in Puerto Rico and much of the United States. TradeStation Securities, Inc. is also regulated and permitted to conduct business in Puerto Rico, allowing consumers to trade stocks, ETFs, and futures.
“As the usage of digital assets continues to grow, we are thrilled to expand into Puerto Rico.” “We feel Puerto Rico has a solid reputation for carrying forward the cryptocurrency, and we’re excited to be a part of the growing momentum in the island’s crypto community,” said James Putra, Vice President and Product Strategy at TradeStation Crypto. “We believe TradeStation provides clients with quality service. Moreover, it earned a good reputation to serve traders for more than 30 years, as well as cutting-edge goods and technology to access the crypto market.”
TradeStation Crypto, unlike some crypto exchanges, collects various pools of liquidity in a unified market data feed and uses automated order-routing technology to provide superior visibility and trade execution to its customers.
The current bonus offer, which awards new crypto customers $10 in a supported cryptocurrency, is also available to new customers. Customers who deposit around $5,000 in assets within 90 days of account acceptance are eligible for a higher tier-based reward.
Customers can now invest in cryptocurrency through a TradeStation Individual Retirement Account as an alternate investment. Individuals and investment advisers who want to diversify their portfolios with cryptocurrency can use TradeStation’s self-directed IRA.
Traders can now apply to trade Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and USD Coin in Puerto Rico along with other approved states. In the future, TradeStation Crypto will be expanded to include more supported crypto coins and countries.
For decades, TradeStation has advanced in FinTech by assisting self-directed traders and investors on their quest to gain a financial advantage. For stocks, equities and index options, commodities and financial futures, and cryptocurrency, TradeStation offers award-winning trading platforms as well as self-clearing online brokerage services. Users can access these platforms on desktop and mobile devices, as well as through API technologies that allow third-party platforms to effortlessly access TradeStation’s brokerage environment. TradeStation’s services have extensive learning content aimed at instilling confidence in new investors and honing the abilities of seasoned traders.