TradeStation Crypto Connects to ErisX To Boost Trading Liquidity; Joined Fidelity Last Week
A week after securing a similar partnership with Fidelity Digital Assets, TradeStation Crypto adds ErisX to expand its connectivity and liquidity to its platform.
On the 15th of April 2020, TradeStation Crypto, the Crypto arm of the popular TradeStation platform, announced that customers now have access to quotes and liquidity from ErisX’s spot markets for digital assets.
These supported assets include Bitcoin Cash (BCH), Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). TradeStation is plugging into ErisX in order to enhance better price clarity, heavier liquidity and streamlined access to the crypto markets.
James Putra, the Director Product Strategy at TradeStation Crypto, recently stated that this new alliance was a key step towards achieving their end goal.
Further adding that its main goal was to deliver a liquidity pool in the crypto market. With the help of TradeStation Crypto’s new partnership with ErisX, the two companies will work hand-in-hand to provide mainstream access to all the crypto markets. This is also an attempt to mature the general market structure.
ErisX offers individuals an innovative platform to access digital asset spot and future markets.
Using just a single account, TradeStation Crypto has also opened a gateway to crypto markets which allow the trading of cryptocurrencies on several different markets including the exchange itself.
Through the use of the TradeStation platform as a go-between, customers will now be able to execute trades on these markets. Customers will also be able to access ErisX for spot market trading.
Thomas Chippas, the CEO of ErisX, said recently that the new collaboration was mainly aimed at simplifying access to the crypto markets, overall. Adding that it was also to ensure investors could add these digital assets to their broader portfolio.
For traders who crave a seamless and dependable trading experience for their digital assets: TradeStation is proving itself as the way to go. Just like with Fidelity Digital Assets, customers on TradeStation Crypto will also be able to access the ErisX crypto spot market.