eTrade Crypto Exchange Reportedly Supports Bitcoin (BTC) And Ethereum (ETH) For 5 Million Users
2019 is supposed to be the year in which mainstream crypto adoption becomes tangible at last.
There are a few things still missing in order to achieve this massive goal of the crypto community.
Charlie Lee, for instance, says that more real-world use cases are one of these missing ingredients.
During an interview, he said: “… I think in the future you will be using cryptocurrencies in your daily lives, and you may not even realize it.”
But a lot of movements that have taken place in the crypto sphere are definitely leading the way towards mass adoption.
eTrade gets ready to integrate BTC and ETH
New York Times journalist Nathaniel Popper stated that eTrade which is a US-based financial asset and stock exchange is getting ready to integrate Bitcoin (BTC) and Ethereum (ETH) for 5 million users.
“In the wake of TD Ameritrade quietly opening Bitcoin trading for some of its customers, I was just told that eTrade is preparing to begin offering both Bitcoin and Ether trading to its 5 million or so customers and is just finalizing a third party to actually hold the coins,” Popper reported.
This decision to list digital assets by eTrade comes after a report released by The Block which found that TD Ameritrade which is a leading brokerage in the US is experimenting with ErisX’s new crypto exchange to provide crypto trading services to more than 11 million users.
Getting closer to crypto mass adoption
Both these moves would mean a lot for crypto mass adoption.
“Testing is a best-practice necessary for us and our customers as we build the most robust and transparent marketplace for digital assets,” a spokeswoman for ErisX reportedly told The Block via CryptoSlate.
The online publication mentioned above said that despite the fact that eTrade and TD Ameritrade are still in an experimental phase, the integration of digital assets such as BTC and ETH would definitely boost the real value of BTC.
Ex-Google engineer, Charlie Lee is the creator of Litecoin and MD of the Litecoin Foundation. Previously Director of Engineering at Coinbase, Lee now focuses full-time on Litecoin. To enhance fungibility and privacy of LTC, integration of MimbleWimble has begun, however Lee has recently announced a crowdfunding launch to fund the development.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.