Wealthsimple Online Trading Application from Canada

Lovata Andrean

Wealthsimple Online Trading Application from Canada
Wealthsimple Online Trading Application from Canada

Rancakmedia.com - Toronto-based online brokerage provider Wealthsimple has launched support for the Shiba Inu cryptocurrency, the business said Tuesday, November 2, 2021.

Wealthsimple got into cryptocurrency trading in July 2020, establishing a new business called Wealthsimple Digital Assets.

Initially, its users could only trade Bitcoin and Ether, the two main cryptocurrencies.

In June, it received authorization from the Ontario Securities Commission (OSC) to scale up its cryptocurrency business. It features 14 new digital assets, including Solana, Cardano, and Dogecoin.

Last month, the company also included cryptocurrency-based exchange-traded funds in its retirement plans.

Wealthsimple Online Trading Application

Quoted from u today, this platform was created in 2014, the Wealthsimple application currently has more than 1,5 million users.

The well-known online trading platform has been criticized for currently allowing users to withdraw their cryptocurrency to other wallets, which also applies to Robinhood. Wealthsimple clients can only trade crypto inside the application.

As previously reported by U.Today, Robinhood rival Public.com also listed Shiba Inu in October.

However, to this day Robinhood has not said it will include Shiba Inu even though the number of petitions on Change.org has increased and almost exceeded 500 thousand signatures.

Conclusion Regarding Wealthsimple Online Trading Application from Canada:

Wealthsiple got into cryptocurrency trading in July 2020, establishing a new business called Wealthsimple Digital Assets. Initially, users could only trade Bitcoin and Ether, the two main cryptocurrencies.

In June, it received authorization from the Ontario Securities Commission (OSC) to scale up its cryptocurrency business. The well-known online trading platform has been criticized for allowing users to withdraw their cryptocurrency to other wallets, which is also true for Robinhood.

Also Read

Share:

Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks