Customers can now buy, sell, and manage stocks (and fractions of stocks) and ETFs alongside their crypto holdings, 24/5, with zero commission.
Initially, trading will be on leading equities, with thousands more stocks over the coming months. This spring, Coinbase also plans to broaden stock perpetuals, enabling traders outside America to get 24/7, capital-efficient exposure to US equities.
The feature is made possible through an integration with Apex Fintech Solutions for clearing, custody, and execution services. Users can fund trades instantly using both USD and USDC, with Coinbase One members earning uncapped rewards on their USDC trading balance.
The firm says it is also planning to offer tokenised stocks, adding: “Soon you will be able to trade anywhere in the world, leverage your equity holdings as onchain collateral, and make instant payments backed by your stock value.”
Meanwhile a partnership promises to enable users to move from researching an asset on Yahoo Finance to executing a trade on Coinbase with one click. Yahoo Finance will also offer traders seamless asset discovery and tracking within its interface.
Says Coinbase: “This milestone bridges the divide between traditional investments and the digital asset economy, allowing users to manage a unified portfolio - all within a single app and account.”
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Coinbase adds stock trading for US customers
Customers can now buy, sell, and manage stocks (and fractions of stocks) and ETFs alongside their crypto holdings, 24/5, with zero commission.
Initially, trading will be on leading equities, with thousands more stocks over the coming months. This spring, Coinbase also plans to broaden stock perpetuals, enabling traders outside America to get 24/7, capital-efficient exposure to US equities.
The feature is made possible through an integration with Apex Fintech Solutions for clearing, custody, and execution services. Users can fund trades instantly using both USD and USDC, with Coinbase One members earning uncapped rewards on their USDC trading balance.
The firm says it is also planning to offer tokenised stocks, adding: “Soon you will be able to trade anywhere in the world, leverage your equity holdings as onchain collateral, and make instant payments backed by your stock value.”
Meanwhile a partnership promises to enable users to move from researching an asset on Yahoo Finance to executing a trade on Coinbase with one click. Yahoo Finance will also offer traders seamless asset discovery and tracking within its interface.
Says Coinbase: “This milestone bridges the divide between traditional investments and the digital asset economy, allowing users to manage a unified portfolio - all within a single app and account.”