Yahoo Finance adds crypto trading feature, thus offering an opportunity to trade Bitcoin, Ethereum, Litecoin, and Dogecoin on its platform on iOS mobile application.
31 August, AtoZ Markets – One of the world’s largest news sites for real-time stock quotes and market information, Yahoo Finance, has reportedly added a new feature its platform. The newly added function is innovative in its nature, as it offers the opportunity to trade cryptocurrency.
Yahoo Finance Adds Crypto Trading Feature
As per the blog post from the company, it has enabled the option on its iOS mobile application. The application powered by Yahoo Finance now supports an in-app trading of four different cryptocurrencies. These include Bitcoin, Ethereum, Litecoin, and Dogecoin.
Joanna Lambert, General Manager of Finance & Tech at Oath, has commented on the news:
“As the leading provider of financial data, insights, and editorial content, we are constantly looking for ways to better serve audiences on the Yahoo Finance platform. We first launched our integration with Trade It one year ago, allowing people to trade on Yahoo Finance for the first time ever. We’re excited to expand this offering to cryptocurrencies, further connecting our passionate community of investors with relevant utilities on our trusted platform.”
Yahoo Crypto Tracking
The announcement appears amid a number of Tweets online yesterday that have indicated the service appeared available also on the desktop version of Yahoo Finance. The feature is not visible on desktop browsers as of the moment, but the company has stated that it will extend the service to Android, desktop and mobile web platforms in the future.
Yahoo Finance did not offer any details on which brokerage platform its iOS application is linked to for the purpose of crypto trading. However, TradeIt had integrated with the US cryptocurrency exchange Coinbase, as per the last year’s statement.
In addition, the news about Yahoo Finance’s partnership with TradeIt has appeared in September 2017. The agreement has aimed to allow users to do in-app trading of traditional financial assets. Yet, the exposure to the cryptocurrency market at the time has been restricted to portfolio performance and checking prices.
Yahoo Finance has first commenced tracking Bitcoin’s price back in 2014. Earlier last year, the company has expanded its price tracking service. Now, it covers more than 100 cryptocurrencies across numerous global platforms.
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