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TradeStation Crypto, Inc., a subsidiary of TradeStation Group, announced on Tuesday it has introduced its new price plan that will include reductions in taker fees of up 50% and additional maker fees. The company noted it does not charge any fees for crypto custody, deposits, or withdrawals.
“Under the new plan, traders with $100K or less of assets in their accounts will benefit from a simple flat commission. Traders with more than $100K of assets in their accounts will enjoy one of the most competitive maker/taker pricing plans in crypto.”
TradeStation Crypto further explained that it pays interest to customers on BCH, BTC, ETH, LTC, and USDC holdings. TradeStation Crypto’s interest-earning feature was among the first for crypto brokerage accounts. Under the new pricing plan, customers currently earn up to 6%* per annum on eligible crypto assets in their TradeStation Crypto accounts.
“TradeStation Crypto believes it is the first crypto offering that uses the true online brokerage model that self-directed traders have come to expect for other asset classes, like equities, options, and futures. In contrast to a crypto exchange model, TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system to give its customers better visibility and trade execution.”
TradeStation went on to add under the new plan, traders with $100,000 or less of assets in their accounts will benefit from a simple flat commission. Traders with more than $100,000 of assets in their accounts will enjoy one of the most competitive maker/taker pricing plans in crypto.
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