• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Changelly
  • Price table

Crypto News PRO

From the world all news

  • Home
  • News

Crypto is 24/7, and soon stocks shall be too. There is light at the end of the tunnel #bitcoin

Written by:
Aeon Flux
Published on:
31 January 2021
Thoughts:
No comments yet

MamaeCrypto Michelle M.

For a Wall Street day trader arriving in the cryptocurrency markets, it is a surprise and often a tiring idea that crypto markets are open 24/7. In the world of crypto assets, there is no market opening or closing, holidays, weekends, nor circuit breakers. It is all digital and going on live 24/7.

Until recently, crypto trading and investing were looked upon as too risky, volatile, and often tiring. But since few recent events have caused havoc in the stock exchanges, retail investors are moving their funds elsewhere, and cryptocurrency exchanges are looking into capturing that market share.

Cryptocurrency markets and exchanges are starting to be seen as more transparent than trading apps such as Robinhood, and decentralized exchanges are leaning towards being seen as the fairest of them all.

Which recent event accelerated this trend?

In addition to the recent volatility in the commodity markets recently experienced in 2020 caused mainly by the initial scare of the pandemic. Yesterday many of us were left speechless with the Ronbihood Gamestop Episode. No better way to explain than Anthony Pompliano in his latest CNBC interview, check it out:

Which Crypto exchanges are offering stocks?

Centralized and decentralized exchanges are now looking to integrate stocks into their offerings as fast as possible. With some of them already making 24/7 stock trading available as of now.

Yesterday the American centralized crypto exchange announced on a Press Release that “Bittrex Global (Bermuda) Ltd. announced that it has listed tokenized stocks for GameStop and AMC Entertainment as well as Nokia, BlackBerry, and iShares Silver Trust. Bittrex Global will continue to list additional stocks as other firms announce a delisting from their platforms.”

According to Bittrex, “this decision is motivated to ensure retail investors have exposure to stocks they may wish to trade anytime during any day of the week. Bittrex Global aims to harness the power of distributed ledger technology to enable greater financial inclusion, instant settlement of trades, and lower trading fees.”

And Bittrex is not the only one. Coinbase has already announced its plans to add stock commodities to its platform, and Decentralized derivates exchanges such a Synthetics and others have been working to make Stock Trading completely decentralized and accessible to all.

Why?

Investing in stocks is still considered a luxury and remains inaccessible for billions of people worldwide. The main reason for that is the limits imposed by existing platforms that act as gatekeepers, suffer from technical challenges and other limitations such as operational time.

In addition, as technology evolved, enabling decentralized finance in such a simplistic form, many are left wondering what is the purpose for the intermediaries anyways? Banks, stock brokerage firms even hedge funds could all become obsolete when people realize they can be their own banks.

Conclusion:

In my opinion, it is just a matter of time until we all flock into the new decentralized system. Happy I already took my leap. Hope to see YOU on the other side.

All my best
Michelle M

www.mammycrypto.com

Social Media links: https://cointr.ee/mammycrypto

Categories: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search in the news

Translate:

Earn up to 5% every 10 days with Aeon Flux Coins

Categories

  • Bitcoin (1,621)
  • Ethereum (1,025)
  • News (2,904)

Recent Posts

  • Clover: An All-Round DeFi Service Platform? What are its advantages among DeFi projects? 1 April 2021
  • Indian Government asked companies to disclose their crypto dealings; Indians still want Bitcoin 1 April 2021
  • Coinbase’s opening up to the world is fundamental for the cryptographic money industry 1 April 2021
  • Elastos: A highly encrypted and controlled Internet Service. 1 April 2021
  • BitTorrent Token (BTT) rises by almost 370 percent 1 April 2021

Archives

  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

© 2015-2020 Crypto News PRO
All Rights Reserved. Powered by IWG Agenzia Web