FTX expands to non-commission stock trading
- FTX will grant access to a small number of its US customers.
- FTX crypto trading is still in beta.
- FTX was one of the first crypto-first companies to offer stock trading.
On Thursday, May 19, FTX will grant access to a small number of its U.S. customers who will be able to easily trade stocks on the platform without restrictions.
FTX is set up to allow a small group of users to access its crypto trading beta features. The product is still in beta, but those selected to test the product will be able to trade stocks and exchange-traded assets, while also being able to trade cryptocurrencies.
The company also shared that it plans to make its stock trading product available to all U.S. users in the coming months. Stock trading is the first step in a long-term plan, and the app could offer other assets like futures in the near future.
A question that may come to many people’s minds is why FTX is interested in entering STO…