TD Ameritrade Announces Crypto Exchange

“It’s a young product in fast-moving ecosystem, and while Bitcoin may not have the same demand as it did in December, there is still demand nonetheless. We listened to our customer — what we continued to hear was that they wanted access to trade digital currency products.” — JB Mackenzie

Notably, TD Ameritrade has over $1.2 trillion in assets with 11 million retail accounts. It was the first financial firm that started offering Bitcoin future contracts to approved clients back in 2017. The brokerage is responsible for handling an average of 780,000 trades on a daily basis. One-fourth of these trades are paced using mobile devices.

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