Yahoo Finance adds Bitcoin, Litecoin, and Ethereum to its trading services

Yahoo Finance, a popular trading platform, has added Bitcoin, Litecoin, and Ethereum trading to its portfolio or services. People who use Yahoo Finance can now trade in these three popular cryptocurrencies. Since Yahoo Finance is still a popular financial platform with Millions of users, it will put Cryptocurrency in front of many people who have never looked at it before. This may generate new interest, new money, and more trading volume in the long run and I look forward to the day that platforms like E-Trade or Ameri-trade offer trading in crypto(real crypto, not just futures). This is just another sign of cryptocurrency going mainstream and that more adoption will be coming in the future. CBOE has also announced that they will be opening up Ethereum futures trading sometime this year. I don’t like futures contracts that are settled in cash but I don’t think this one will be as bad as Bitcoin futures since Ethereum does not effect the market the same way that Bitcoin does. Overall, I would rather see futures settled in their native cryptocurrency, but I do not think this will have the impact that Bitcoin futures did.

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