RATE Group | SoFi Launches Zero-Fee Crypto Trading for Bitcoin, Ether, Litecoin
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SoFi Launches Zero-Fee Crypto Trading for Bitcoin, Ether, Litecoin

25 Sep SoFi Launches Zero-Fee Crypto Trading for Bitcoin, Ether, Litecoin

Posted at 14:48h in Bitcoin News by

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California-based financial firm SoFi has added zero-fee cryptocurrency trading to its platform SoFi Invest.

According to an official announcement on Sept. 25, crypto trading on SoFi Invest joins the list of previously introduced trading of stocks and exchange-traded funds.

SoFi Invest now offers clients to buy three major cryptocurrencies such as Bitcoin (BTC), Ether (ETH) and Litecoin (LTC), with the firm claiming that users do not even need to set up a crypto wallet, according to the platform’s website.

Increased demand for crypto from clients

To welcome new crypto users on its platform, SoFi also offers a $25 bonus for those who sign up for a SoFi “crypto entity” account and purchase at least $10 worth of any cryptocurrency within seven days. The offer expires on Dec. 31, 2019, the firm noted.

SoFi CEO Anthony Noto emphasized that the company’s move was primarily triggered by the increased demand to trade crypto from its customers. Noto said in the announcement:

“Feedback…

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