Launch of TradeStation® Crypto in Puerto Rico
Residents of Porto Rico can now apply for a TradeStation Crypto account as TradeStation Crypto continues to grow.
PLANTATION, Florida., March 24, 2022 /PRNewswire/ — TradeStation, an award-winning* self-compensating online brokerage, today announced that residents of Porto Rico are now eligible to apply for a TradeStation Crypto, Inc. account to trade cryptocurrencies. Crypto trading is available in Porto Rico and much of the United States with aggregated liquidity, smart order routing, and competitive pricing. TradeStation Securities, Inc. is also authorized and licensed to do business in Porto Ricoproviding TradeStation Securities clients with access to stocks, ETFs, options and futures.
“We are excited to expand into Porto Rico as the adoption of digital assets continues to grow. We believe that Porto Rico has a strong reputation for supporting crypto, and we look forward to being part of the momentum surrounding their crypto community,” said James Putra, Vice President, Product Strategy at TradeStation Crypto. “We believe TradeStation offers its customers the best of both worlds, a trusted brand that has served traders for over 30 years, combined with innovative products and technology to access the crypto market.”
TradeStation Crypto aggregates multiple pools of liquidity into a consolidated market data feed combined with an intelligent order routing system designed to give its clients better visibility and trade execution, which is a differentiated model from some crypto exchanges.
New crypto customers can also benefit from TradeStation’s current offer bonus, rewarding customers $10 in a supported cryptocurrency. Eligible customers are eligible for a tier-based reward if they deposit at least $5,000 assets within 90 days of account approval.**
Additionally, clients can own cryptocurrency as an alternative investment in a TradeStation Individual Retirement Account (IRA). TradeStation’s Self-Directed IRA provides flexibility for individuals and investment advisors who aim to achieve greater diversification with cryptocurrency.
Now traders of Porto Rico and previously approved states can apply to exchange Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and USD Coin (USDC). More supported crypto coins and additional jurisdictions are expected to be added to TradeStation Crypto in the future. You can view the full list of US states and territories where TradeStation Crypto is licensed or permitted to do business here.
To speak with an account manager for more information, call 954.652.7677 or 800.770.4049. You can also open an account by visiting TradeStation.com/Crypto.
About TradeStation Group, Inc.
TradeStation has, for decades, advanced fintech through its support of self-directed traders and investors in their journey to claim their financial advantage. TradeStation provides award-winning* trading and analytical platforms and self-compensating online brokerage services for stocks, ETFs, equity and index options, commodity and financial futures, futures and cryptocurrencies. These trading platforms are accessible on desktop, web, and mobile, as well as via API technologies that allow seamless access to TradeStation’s brokerage environment through third-party platforms. TradeStation’s offerings also include in-depth and growing learning content designed to build the confidence of new investors and hone the skills of seasoned traders.
TradeStation Securities, Inc. (member NYSE, FINRA, SIPC, NSCC, DTC, OCC, NFA and CME offers stock, options, futures and self-clearing futures brokerage services as as a licensed broker-dealer and futures commissioner (FCM) and is a member of major stock and futures exchanges United States. TRADESTATION SECURITIES, INC. IS A MEMBER OF NFA AND IS SUBJECT TO NFA REGULATORY OVERSIGHT AND REVIEW. HOWEVER, YOU SHOULD BE AWARE THAT THE NFA HAS NO REGULATORY OVERSIGHT AUTHORITY OVER PRODUCTS OR UNDERLYING VIRTUAL CURRENCY OR CASH TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, DEPOSITORIES OR MARKETS. TradeStation Crypto, Inc. offers self-clearing cryptocurrency brokerage services under a federal and state money services business, money transmitter, and similar registrations and licenses. TradeStation Crypto, Inc. is not subject to NFA regulatory oversight and reviews.
Investing in cryptocurrencies involves significant risks. See the Investments and Trading Disclosure Booklet for more information on investing and trading in cryptocurrencies.
Options trading is not suitable for all investors. Your application for a TradeStation Securities account to trade options will be reviewed and approved or declined based on all relevant factors, including your trading experience. See the document entitled Characteristics and Risks of Standardized Options. Visit TradeStation.com/Pricing for details on options costs and fees.
Diversification and asset allocation do not guarantee future performance, success or a guarantee against losses.
*Visit TradeStation.com/Awards for more information.
**Offer expires April 30, 2022at 11:59 p.m. Additional terms apply. To visit TradeStation | try us for full terms.
SOURCE TradeStation Crypto, Inc.