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Crypto Company Change Launches App to Trade Bitcoin Commission-Free

A stream of positive developments and new products is helping to boost Bitcoin’s adoption rate. One of the latest products is Change Wallet, a mobile app for trading Bitcoin and other cryptocurrencies with zero commission fees.

Change CEO Predicts: Cryptocurrencies Will Be Used As Much As Fiat Money

Change, a company headquartered in Estonia and financed from Singapore, has launched Change Wallet – a mobile app that allows users to buy and convert between cryptocurrencies. This multicurrency app supports digital assets such as Bitcoin, Ether, Ripple, Litecoin, and Tether.

According to the company, Change Wallet facilitates the execution of financial transactions and payments and provides access to an array of other financial services.

Significantly, no commission fees are charged for the transactions executed with Change Wallet, according to Change’s press release dated July 18, 2018.

Change Wallet is now available to residents of the European Economic Area in IOS and Android operating systems.

Joining the experts predicting that Bitcoin is here to stay and that it is eventually going to be used in everyday life, Change’s CEO Kristjan Kangro declared at the launch of the app:

Cryptocurrencies will soon be used just as much as traditional currencies by the masses when paying for good and services.

Solving Traditional Banks’ Major Limitations

Change Wallet allows sending, receiving, and storing several cryptocurrencies as well as fiat currencies, including US dollars and Euros.

As Change’s whitepaper explains, because Change Wallet is a mobile app, it solves three significant problems affecting traditional banks.

Specifically, users can handle all transactions via the app, thus avoiding the inconvenience of needing to go to the bank. Moreover, Change Wallet can provide banking services to the millions of unbanked people around the world.

As Bitcoin continues its inexorable trajectory to test the USD 8,000 resistance mark, the crypto community is encouraged by initiatives, such as Change’s, that contribute to increasing Bitcoin’s adoption rate. One of Change Wallet’s supporters, Roger Crook, former CEO of DHL Global Forwarding, says:

I’m backing this project because I think it’s got an extremely great future, and I see that Change is going to have challenges going forward. I have no doubt that this business is going to thrive and grow globally over the coming years.

How do you think the commission-free Change Wallet will impact Bitcoin trading? Let us know in the comments below.

Images courtesy of AdobeStock, Twitter/, Change

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TD Ameritrade Starts Trading Bitcoin Futures on Monday

· December 16, 2017 · 3:30 am

TD Ameritrade, like many other titans of the financial world, is also jumping on the Bitcoin bandwagon. Indeed, the giant securities brokerage services provider will start trading Bitcoin futures when the financial markets open on Monday, December 18, 2017.

The Volume of Bitcoin Futures Trading To Surge

The Volume of Bitcoin Futures Trading To Surge

For some time, Ameritrade had been monitoring whether there were sufficient liquidity and market efficiency for Bitcoin futures. Ameritrade leadership believes that these parameters are now optimal. According to MarketWatch, spokeswoman Alyson Nikulicz stated,

At this point, we believe the market is showing signs of adequate liquidity for CBOE product.

TD Ameritrade, based in Omaha, Nebraska, provides securities brokerage services and related technology-based financial services. It offers its services to traders and independent registered investment advisors, and retail investors.

Bitcoin Futures Is Now The Darling of the Financial World

Bitcoin Futures Is Now The Darling of the Financial World

Bitcoin is now entrenched in the world financial circles, and its value continues to increase. As of this writing, Bitcoin’s price is nearing the $18,000 USD mark.

The fact that Ameritrade is starting to trade Bitcoin futures is significant because the company boasts of having millions of client accounts. Moreover, millennials comprise 35 percent of Ameritrade’s retail account clients. According to Ameritrade’s website,

“[Ameritrade] provides investing and trading services for seven million client accounts that total more than $750 billion in assets, and custodial services for more than 5,700 independent registered investment advisors.”

Financial institutions are starting to stream into the market a variety of Bitcoin-based financial instruments. On December 17, 2017, the CME Group Inc. will also begin trading Bitcoin futures. This initiative follows CBOE Bitcoin futures trading that started on December 10, 2017.

According to CNBC, large institutional firms such as JPMorgan and Morgan Stanley will soon allow their customers to trade Bitcoin futures. “That will allow the entry of hedge funds and larger institutional players, who may have a very different notion of bitcoin’s future.”

As Bitcoin continues to grow in value and to be accepted as a mainstream financial asset, this trend will most likely continue to gain momentum.

What do you think the impact of Ameritrade trading Bitcoin futures will be on Bitcoin value? Let us know in the comments below.

Images courtesy of CNBC, TD Ameritrade, Shutterstock