Coinbase Rolls Out 24/5 Stock Trading to 8,000+ U.S. Equities With $1 Access

Key Takeaways:

• Coinbase just opened its function of trading stocks and ETF with no commission fee for all eligible users in the U.S.
• With over 8,000 available listed companies/entities, trading 24/5 and supporting the purchase of fraction share from $1.
• The integration with Yahoo Finance allows users to trade with one click after researching and examining.

Coinbase is expanding beyond crypto. The exchange now allows U.S. customers to trade stocks and ETFs directly inside the Coinbase app, placing equities and digital assets in one unified portfolio. The move marks a major step in Coinbase’s push to blend traditional markets with onchain finance.

Read More: Coinbase Launches Prediction Markets in the U.S., Turning Sports, Politics, and Crypto into Trades

24/5 Stock and ETF Trading Goes Live

All eligible U.S. users can now buy and sell stocks and ETFs on Coinbase with zero commission on trades. Trading is available 24 hours a day, five days a week for supported symbols.

More than 8,000 securities are available at the initial launch in Coinbase Capital Markets, which is a FINRA and SIPC member broker-dealer. Fractional shares allow trading with as little as USD or USDC, and users can fund trades instantly.

This structure is similar to what crypto traders are expecting: operating nearly 24/7, minimum deposit and smooth funding. Crypto and stocks are represented in the same dashboard, therefore users do not need to open separate brokerage accounts. Coinbase said that it will expand 24/5 trading to thousands more equities in the coming months.

Yahoo Finance Partnership Brings One-Click Execution

Coinbase is teaming up with Yahoo Finance to connect market research with direct execution.  Under the partnership, users browsing asset pages on Yahoo Finance will see an option to trade that asset on Coinbase. With a single click, they can move from analysis to placing a trade.

Coinbase will also update real-time data into Yahoo Finance that attracts over 150+ monthly global traffic. The collaboration seeks to reduce the time taken in between discovering and taking action. Those who are eligible users of Yahoo Finance will receive a 1-month free trial version of the Coinbase One Basic for the platform which includes benefits such as no trading fees and USDC rewards.

Read More: Coinbase, Circle Take Bermuda Onchain as Nation Moves Toward First Fully Digital Economy

Toward Tokenized Equities and Global Expansion

Coinbase expects to continue implementing tokenized stocks in the future and aiming to bring stocks on blockchain (tokenization). The leading crypto company said that tokenized assets can allow users to utilize stocks as collateralized assets based on blockchain while reducing transaction payment time.

Beyond the U.S., Coinbase is looking to develop stock perpetual products in Coinbase Bermuda pending regulatory approval. U.S. persons will not be able to get such products. The introduction of equities as its fundamental offering is moving Coinbase to become a multi-asset platform where clients can trade both crypto and conventional securities.

The post Coinbase Rolls Out 24/5 Stock Trading to 8,000+ U.S. Equities With $1 Access appeared first on CryptoNinjas.