Yahoo Finance now Supports Trading of 4 Cryptocurrencies on its iOS App
Yahoo Finance, one of the world’s best news sites for information on stock market and stock quotes, has added a new feature offering crypto trading on its iOS app.
According to a blog post added by Yahoo Finance on Thursday, the company’s newly launched feature will allow users to directly trade four types of assets – Ethereum, Bitcoin, Dogecoin, and Litecoin – through its iOS app.
The announcement came amidst a series of tweets online yesterday suggesting the crypto trading service appeared to be also available on the desktop version of the news site. However, the feature is not visible on the desktop version of Yahoo Finance at the moment. The company said in the announcement that it plans to launch this feature on Android, mobile, and desktop web platforms in near future.
For the launch of this feature, the company partnered with TradeIt, a well-known platform that integrates brokerage services to provide users a safe place for trading financial assets. TradeIt even integrated with Coinbase, one of the leading crypto exchanges in the U.S., in 2017, according to a statement at the time, although it’s still unclear which brokerage Yahoo Finance is pairing up with for the new offering.
Yahoo Finance first started its partnership with TradeIt in September last year, allowing its users to trade traditional financial assets through its app. The exposure to cryptocurrencies was at the time was limited to information on crypto prices and portfolio performance.
The financial news service first started tracking bitcoin (BTC) in 2014. In 2017, the site’s price tracking service covered more than 100 cryptos across all its platforms globally.