THELOGICALINDIAN - Mobile trading app Quantfury will now abutment trades in Qtum as able-bodied as added cryptocurrencies equities and commodities
Qtum, a blockchain badge for dApps and acute contracts, is now accessible for trading on Quantfury, a adaptable trading app acknowledging several cryptocurrencies and added advance assets.
According to a collective announcement, Quantfury offers assets at exchanges’ best bid and ask prices with no commissions, advantage fees, or maker and bacteria fees. Instead, Quantfury uses its own trading strategies by leveraging apparatus acquirements software and allegory user data.
According to an official Qtum blog account, the latest accession will acquiesce users to advantage their cryptocurrency to advance in assets which would contrarily be harder to acquire.
“Traditionally, you’d accept to armamentarium accounts with specific authorization currencies in adjustment to barter stocks and these forms of trading banking assets generally appear with all sorts of fees, some hidden and at adapted prices,” Qtum said in a blog post. “With this collaboration, users accept the advantage to buy stocks like Tesla (TSLA), Amazon (AMZN), or Apple (AAPL) instantly with dollar funds, application their Qtum tokens as collateral.”
Qtum sees the advertisement on Quantfury as an important footfall to bringing QTUM to the beyond crypto community, and extending accessibility for accepted badge holders.
“We accepted our association has been attractive for bland admission to all-around markets,” said Miguel Palencia, CIO of the Qtum Foundation, “and we knew Quantfury, a belvedere acclaimed for transparency, affluence of use, and defective of fees of any kind, would be appropriate for them.”
According to its website, Quantfury has a user abject extending to over 40 countries, with account trading aggregate aloft $158 million. The latest accession will accompany clamminess and bazaar acknowledgment both ways. Of the latest arrival, Quantfury CEO Gregory Kim said:
“By accepting accurate cryptocurrencies and their corresponding association members, we’re advancing our ambition of architecture the acute links amid the acceptable and avant-garde banking worlds.”
In accession to cryptocurrencies, Quantfury additionally allows trades in 612 mid- and large-cap equities, as able-bodied as accustomed gas, awkward oil, gold, platinum and added commodities.
Instant conversions could accomplish spending Bitcoin as accessible as annexation a card.
Coinbase has announced new debit cards, acceptance users to absorb Bitcoin, XRP, Litecoin, and Ether anon from the users’ Coinbase account. The new “Coinbase Card,” to admission in the United Kingdom, will acquiesce holders to absorb their admired cryptocurrencies “as calmly as the money in their bank.”
According to an advertisement on the Coinbase blog, the new debit agenda allows users to absorb any agenda asset which Coinbase currently supports. Working in affiliation with the Coinbase app, users will additionally be able to armamentarium their cards as able-bodied as appearance burning receipts, transaction summaries, and spending categories through the app.
The agenda allows barter to absorb their crypto “in millions of locations about the world, authoritative payments through contactless, Chip and PIN, as able-bodied as banknote withdrawals from ATMs,” said Coinbase UK CEO Zeeshan Feroz, in the announcement. “When barter use their Coinbase Card, we instantly catechumen crypto to authorization currency, such as GBP, which is acclimated to complete the purchase.”
Currently, the Coinbase Agenda will alone be accessible in the UK. However, afterward a acknowledged launch, the barter will attending to aggrandize its casework beyond the continent. The barter is alms a appropriate promotion, which will abandon the agenda arising fee (approx. $6.48) for the aboriginal 1000 customers.
Like abounding crypto businesses in 2019, Coinbase is benumbed bazaar drive to cycle out new services or expand absolute ones. Currently the better crypto barter in the U.S., Coinbase continues to extend its all-around outreach, and accredit greater functionality for admission users. The latest offering, and added contempo belvedere updates accompany the exchange’s role in the U.S. anytime afterpiece to that of a crypto bank.
