Bitcoin trading coming to Nasdaq? Someone 'buys BTC' in paper trade

23 Apr, 2019 | Updated: 23 Apr, 2019
by Jelmer van der Dussen
Bitcoin trading coming to Nasdaq? Someone 'buys BTC' in paper trade

Is Nasdaq going to introduce Bitcoin trading soon? Cryptopolis, a quantitative analyst at StrongMarket, tweeted that TDAmeritrade has introduced BTC on their Paper Trading Platform.

The trader first thought he had bought one Bitcoin in a BTC/USD market on Nasdaq through his TDAmeritrade account, stating that BTC started trading on April 10 and 'other digital assets are soon to follow'.

After speaking to the TDAmeritrade support, it turned out to be a test on the Paper Trading platform, which means you can only simulate a Bitcoin buy, not really buy it. However, it looks like something is brewing regarding Bitcoin and Nasdaq, because the support told Cryptopolis 'I'm not able to speak on it'.

There is also some confusion about the 'CXERC' in the BTC/USD market on the Paper Trading platform. Support could not tell Cryptopolis what that means, stating that 'it is not a symbol we trade on the live side'.

Nasdaq starting to trade Bitcoin would be huge news for the cryptocurrency space, and something that wouldn't be that surprising given the fact that Nasdaq is making efforts for quite a while now to set foot in the crypto industry. Nasdaq is working with several crypto exchanges and already introduced offering real-time information on two new cryptocurrency indices - Bitcoin and Ethereum. Nasdaq is also teaming up with VanEck to bring a Bitcoin futures contract.

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Read more about: Bitcoin (BTC) Nasdaq


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