TradeStation Launches Its Crypto Offering in Puerto Rico

Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USD Coin can now be traded in Puerto Rico.

TradeStation reported a 15.6% drop in daily average revenue trades earlier this month.

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TradeStation Securities, Inc. is also licensed and permitted to do business in Puerto Rico, giving TradeStation Securities customers access to trade stocks, ETFs, options, and futures.

“We are excited to be expanding into Puerto Rico as adoption of digital assets continues to grow. We believe that Puerto Rico has a strong reputation supporting crypto, and we‘re looking forward to being part of the momentum surrounding their crypto community. We feel TradeStation offers clients the best of both worlds, a trusted brand that’s been serving traders for over 30-years combined with innovative products and technology to access the crypto market,” James Putra, Vice President, Product Strategy at TradeStation Crypto, commented on the announcement.

Cryptos Available

Trades in Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and USD Coin (USDC) can now be done in Puerto Rico and previously approved states. There will be additional crypto coins supported by TradeStation Crypto in the future, as well as additional jurisdictions.

Among cryptocurrency exchanges, TradeStation Crypto aggregates multiple liquidity pools into one consolidated market data feed coupled with an intelligent order-routing system designed to give its customers better visibility and execution, which is a different strategy when compared to other exchanges.

Additionally, Puerto Ricos customers have the option of owning cryptocurrency in an Individual Retirement Account (IRA) at TradeStation.