THELOGICALINDIAN - Voyager a startup backed by Uber cofounder Oscar Salazar has appear that it will barrage a commissionfree cryptocurrency trading belvedere It is advised to action as an accession agent for cryptocurrency prices beyond added than a dozen trading venues
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Startup Founded by Uber Alumni to Host Fee-Free Crypto Trading
Voyager has appear that it intends to action fee-free trading for pairings of at atomic fifteen altered cryptocurrencies on the new platform, including BTC and ETH.
The belvedere has been described as intending to “function as a array of accession agent for cryptocurrency prices beyond added than a dozen trading venues, acceptance barter to buy and advertise Bitcoin and added agenda assets at the best amount accessible amid them.”
Voyager Aims to Compete with Robinhood
Voyager seeks to attempt anon with Robinhood – a accepted banal trading app that hosts commission-free trading for BCH, BTC, ETH, LTC, and DOGE pairings.
Voyager will accompanying action the prices accessible on ten basic bill exchanges and three added bazaar makers, with the aggregation acquisitive to attract clamminess by alms bigger prices to traders than any sole exchange.
Stephen Ehrlich, the CEO and co-founder of Voyager and the above CEO and architect of Lightspeed Financial, stated: “We saw an befalling to body a activating acute adjustment router that can booty advantage of the exchange and additionally action barter no commissions.”
According to Mr. Ehrlich, Voyager will accomplish acquirement “by assault the boilerplate amount of the bill at the point in time we assassinate the trade.” Mr. Ehrlich added that the aggregation has already aloft “significant capital” from the accompany and ancestors of the company’s co-founders. Oscar Salazar, the founding artist and arch technology administrator of Uber, is additionally a co-founder of Voyager, alongside, aboriginal Uber investor, Philip Eytan.
Voyager Licensed in Several U.S. States
Voyager is anon entering beta testing, with the aggregation anticipating that it will absolution a adaptable trading app afore November of this year. Currently, the belvedere is accountant in California, Massachusetts, Missouri, New Hampshire, and Montana, with the aggregation acquisitive to eventually account at atomic forty U.S. states. The aggregation has additionally adumbrated that it intends to action absolute casework for institutional investors.
Mr. Ehrlich assured that he “do[es]n’t anticipate crypto has been adopted yet by the masses in the United States,” abacus “ I accept the bazaar amplitude itself is acutely large…We anticipate the befalling for both retail and institutional is vast, and we appetite to be allotment of that, and advice the industry grow, and be acceptable citizens to the industry, and advice bodies get added abreast in crypto assets.”
Do you anticipate that commission-free and decentralized exchanges will attenuate the ascendancy of accepted basic bill exchanges? Join the altercation in the comments area below!
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