In the US there will be new Voyager trading platform, offering clients trading operations with cryptocurrency without commissions. A startup is the equivalent of the American application to trade stocks and cryptocurrencies Robinhood. It is reported by Fortune.
Participants of the project are Uber co-founder Oscar Salazar, an Uber investor, Philip Eitan, and the head of the retail brokerage Lightspeed Financial, Stephen Ehrlich. The last holds the post of CEO of a startup.
The company will operate as a free service aggregator for more than ten trading sites. This will allow traders to buy/sell cryptocurrency at the best price.
Initially the Voyager will be presented to 15 cryptocurrencies, including bitcoin, Ethereum, Litecoin, Cash, Bitcoin, Ethereum Classic. According to Stephen Ehrlich, the company tends to add assets that are not available on most major American venues, including XRP and Stellar. However, before this Voyager will ensure safe storage of these cryptocurrencies.
Beta test sites will begin this week, and in October traders will access a mobile application Voyager.
In the future, the platform plans to offer additional services for hedge funds and institutional investors, and also run a news and analytical service.
Implementation of a free trade product Voyager on cryptocurrency the USA market will be gradual because of the need to obtain a licence from the regulators of the country. Currently, the platform has trading operations in several States, including California, Massachusetts, Missouri, new Hampshire and Montana.
We will remind, in July the British FINTECH-startup Revolut announced the creation of a trading platform for residents of the European Union.