Crypto trade FTX is moving into inventory buying and selling

Illustration by Alex Castro / The Verge

Cryptocurrency trade FTX will quickly permit for conventional inventory buying and selling alongside its crypto choices, the corporate introduced in a press launch (through The Wall Avenue Journal). The performance is at the moment obtainable to a choose variety of customers within the US, however it’s aiming to roll it out to extra merchants within the coming months.

FTX says it’s going to provide commission-free buying and selling with entry to “a whole lot of US exchange-listed securities” together with each frequent shares and ETFs. It can let clients add cash to their accounts via bank card deposits, ACH transfers, and wire transfers. FTX additionally says it’s the primary trade to let customers fund their accounts with fiat-backed stablecoins, comparable to USDC. Whereas the worth of stablecoins isn’t…

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