TradeStation Crypto Expands Trading Services into Minnesota, Mississippi and Ohio

TradeStation Crypto, Inc. (TradeStation Crypto), a subsidiary of TradeStation Group, Inc., announced that residents in Minnesota, Mississippi, and Ohio are now able to apply for an account with TradeStation Crypto's brokerage platform to trade cryptocurrencies​.

"We are excited that traders in Minnesota, Mississippi and Ohio can now participate in the cryptocurrencies markets through the TradeStation Crypto platform," said James Putra, Senior Director, Product Strategy at TradeStation Crypto. "We continue to expand access to the TradeStation Crypto platform and provide an award-winning crypto trading experience as adoption of digital assets continues to grow."

TradeStation Crypto believes it is the first crypto offering that uses the true online brokerage model that self-directed traders have come to expect for other asset classes, including equities, options and futures. Instead of being a crypto exchange, TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system to give its customers better visibility and trade execution.

Now, traders in Minnesota, Mississippi, Ohio and previously approved states can apply to trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and USD Coin (USDC). Other supported crypto coins and approved territories are planned to be added to TradeStation Crypto in the future.

TradeStation Crypto offers cryptocurrency brokerage services for self-directed online traders. Last year, the company formed a strategic partnership with Seed CX's platform Zero Hash​ to pave the way for institutional firms to engage in crypto lending.