Online Broker tastyworks Supports Crypto Trading on Its Platform

tastyworks, a brokerage firm based out of Chicago, IL, recently announced that it has launched cryto trading on its award-winning platform, including four of the most actively traded cryptocurrencies: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

With a combined market capitalization of over $735 billion, the four represent the market power of the digital asset market and are an indication of its emergence as its own asset class.

The addition of the functionality into the tastyworks platform is a step towards mainstreaming digital assets by giving self-directed investors the ability to add them to their equity portfolios.

"The recent surge in the prices of crypto like Bitcoin and Ethereum has increased customer interest in trading them," said Scott Sheridan, CEO of tastyworks. "Our development team has built what we feel is one of the most secure, low-latency, and reliable digital asset order routing and execution systems out there. And most important, it lets our clients buy and sell them and monitor their positions alongside their stocks and options. We are the first major brokerage firm to offer this.”

tastyworks customers can request approval for their margin or cash accounts, and will be able to use symbols BTC (Bitcoin), ETH (Ethereum), LTC (Litecoin) and BCH (Bitcoin Cash) to see quotes, charts and trade them.