Voyager Adds Crypto Brokerage and Trading Services for Android Users with Zero Fees
On Monday, Voyager announced the launching of an android app that deals with commission-free crypto and trading services. This is in response to the current large number of android users in the international market. The app is also said to allow traders to trade on more than 30 currencies.
The CEO and the co-founder of Voyager digital Stephen Erlich commented on the newest development of the company.
He had this to say,
“Android users account for 70 percent of the mobile market, so this launch dramatically increases our potential user base. It is also the next critical step of our mission to build mainstream capital market infrastructure for digital currencies and assets, and make Voyager the preferred service provider in the sector.”
This company that has its headquarters in New Jersey had already entered the mobile trading platform early this year. Voyager entered the mobile trading space by introducing similar crypto trading services for IOS users.
The Beginning of the Commission-Free Trading
This tremendous move of introducing the android trading app by the voyager company has made a significant impact on the crypto trading market. Voyager has replicated the commission-free trading platform of Robinhood. Replicating Robinhood's model has seen Voyager compete to put down trading giants like the Coinbase.
At the beginning of this year, Voyager acquired the Ethos.io wallet platform, which was worth $4 million. Voyager made Ethos tokens as their original mode of all of their transactions. However, the company is now re-branding the Ethos tokens to Voyager tokens (VGX).
The Monday announcement also included the news that the new mobile users can now directly open an account with the app and deposit some cash in USD. The aim of this company is not only based on attracting retail traders alone; they aim to attract institutional traders as well. This is in response to the fact that one of its subsidiaries was able to launch an institutional-based crypto trading space.