Derived from Coincu, Coinbase has introduced stock trading for U.S. users, expanding its platform to include traditional assets alongside cryptocurrencies. The move is part of the exchange’s 'everything exchange' strategy, aiming to provide a unified interface for trading both stocks and digital assets. The service uses USDC for stock purchases, enabling seamless integration with existing crypto portfolios. Coinbase CEO Brian Armstrong emphasized the milestone as a step toward transforming the platform into a fully integrated asset trading hub.
Coinbase Launches Stock Trading for U.S. Users as Part of 'Everything Exchange' Strategy
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Summary
Coinbase has launched stock trading for U.S. users, aligning with its 'everything exchange' strategy. The platform now lets traders buy stocks using USDC, linking crypto and traditional markets. CEO Brian Armstrong called it a key step in building a unified trading hub. The move supports a broader trading strategy, offering users more tools for portfolio diversification. Traders can now apply TA for crypto insights to both asset classes, streamlining their investment approach.
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