Cryptocurrency trades are being used to sell stocks and bonds and to raise funds for charities and humanitarian groups, but the coins are becoming a more attractive way to trade and are gaining popularity with investors who want to raise more for their cause.
Here’s how to use Cryptocurrencies trade-ins.
The U.S. Securities and Exchange Commission on Monday announced it will allow cryptocurrency trades for people who want them.
Investors who want the coin traded on an exchange or a third-party platform can send their coin through the company’s trading platform to a third party such as a bank or an exchange.
The exchange will then issue the coin for the buyer.
The coin will then be traded on the exchange, and the investor will be credited with a portion of the amount they received.
The total value of the trade will be equal to the exchange’s closing price.
Investor trading platform, Kraken, announced that it will enable cryptocurrency trades starting Monday, but it will also accept the trade for anyone with an account on the platform.
The firm says that trading on Kraken is free of charge.
The SEC said it plans to allow the use of the cryptocurrency trades by people who are willing to pay a fee, but that they are not required to register for the platform or pay for the trade.
A spokeswoman for the SEC said the regulator is not yet ready to release an official position on the issue.