Stock Trading App Public to Add Bitcoin, Ether and Dogecoin

Public, a commission free stock-trading app similar to Robinhood, will allow its users to buy and sell cryptocurrency in the coming weeks.

The company said Thursday users will be able to trade 10 cryptocurrencies to start: bitcoin, bitcoin cash, ether, ethereum classic, litecoin, dash, stellar, cardano, zcash and dogecoin.
Public’s customers in New York will not be immediately able to trade crypto because the company doesn’t have a state BitLicense, Public said. The firm is working on getting one, however, and says it is optimistic crypto will be available to New York residents “soon.”
The back-end operations of Public’s new crypto offerings will be managed by Apex Crypto.
Public joins the likes of Square and Robinhood in offering cryptocurrency trading on its platform.
The company says it is working towards offering its own crypto wallet in the future.
Public said it passed the million user mark last February and has raised $310 million from investors.

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Eli Tan

Eli was a news reporter for CoinDesk. He holds ETH, SOL and AVAX.

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