Advertisement
AD

Main navigation

Canada's Answer to Robinhood Lists Shiba Inu

Advertisement
Fri, 5/11/2021 - 6:08
Canada's Answer to Robinhood Lists Shiba Inu
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Toronto-based online brokerage service Wealthsimple has added support for the Shiba Inu cryptocurrency, the company announced Thursday

Wealthsimple ventured into cryptocurrency trading in July 2020, launching a new subsidiary called Wealthsimple Digital Assets. Initially, its users were able to trade only Bitcoin and Ether, the two largest cryptocurrencies.

Related
Jefferies' Wood Sells More Gold for Bitcoin

Advertisement

In June, it obtained approval from the Ontario Securities Commission (OSC) to expand its cryptocurrency offering. It listed 14 new digital assets, including Solana, Cardano and Dogecoin. 

Last month, the company also added cryptocurrency-based exchange-traded funds to retirement plans.

Founded back in 2014, Wealthsimple now boasts over 1.5 million users.

The popular online trading platform has come under criticism for not allowing users to withdraw their cryptocurrencies to other wallets, which is also the case for Robinhood. Wealthsimple customers are only able to trade crypto within the app.

As reported by U.Today, Robinhood competitor Public.com listed Shiba Inu in October.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD