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Public.com to Launch Crypto Trading Services

Source: Fanny

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Public.com, an online brokerage and social trading startup, has launched cryptocurrency trading services ​for its customers, enabling them to buy, sell and hold digital assets.

According to the company, the new product will be deployed to eligible members ‘gradually’ over the next few weeks. Members can now explore ten cryptos in the app: Bitcoin (BTC), Ether (ETH), Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), Ethereum Classic (ETC), Dash (DASH), and Zcash (ZEC), and they could trade with as low as $1.

In addition, the company added volatility reminders, contextual carousels that provide historical context of the cryptos, and weekly educational sessions among the offerings.

The service will be powered by Apex Crypto, a crypto execution and custody services provider. The firm noted: “Currently, Apex Crypto does not have a BitLicense in New York state, so the new feature will not be immediately available to residents of New York. ”

​As Fazzaco reported earlier, Public.com has partnered with Bobby Wagner​, NFL's Seattle Seahawks All-Pro linebacker, to bolster financial literacy. This partnership is expected to see Wagner bring financial literacy lessons during the 2021 – 2022 NFL season through the Public.com app, seeking to cover over one million members.
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