Subsequent to unveiling exchange options for cryptocurrencies like Litecoin, Bitcoin, and Ethereum, Yahoo’s cool product will only be on its iOS app at this time, according to sources.
In an unprecedented move, Yahoo Finance integrated trading sources of BTC, ETH, and LTC for their platform after the appearance of buy/sell buttons on their website.
This will enable users to purchase and sell virtual currencies like Bitcoin, Litecoin, Dogecoin, and Ethereum without ever the need to click off Yahoo Finance. This is being to become a welcome addition affordable tech-savvy users of the platform.
Although the web page also supports price tracking for numerous well-known virtual currencies, choices to purchase or sell any assets in addition to the four stated are unavailable.
At time of reporting, Yahoo we had not cited any factors that cause the temporary unavailability in the option on personal computers. According to their spokesperson, users that want to trade crypto on Yahoo Finance have to link a broker account via third-party service TradeIt. Desktop, Android, and mobile web are coming soon.”
At the time of reporting, Bitcoin is trading about $6,970. On the week, Bitcoin has risen 6.4 %, with monthly losses around Fifteen percent.
Ethereum is trading around $280 at press time, having gained around 0.58 percent within the last 24 hours. While ETH’s weekly gains remain just over 1 percent, monthly losses are having close to 39 percent.
LTC has lost almost 1 % on the day as well as being trading around $60 at the time of reporting. Overall market capitalization of LTC is concerning $3.49 Billion while its trading volume moscow and rome 24 hours totals around $251 million.
Dogecoin, without any limit to the total number of coins is often mined, currently provides a volume of greater than $42 million having around 116 billion tokens in circulation. The altcoin is up by around 23 percent today and it is trading about $0.0037, at press time. During this writing reporting, its market cap is roughly $430 million.
It you know that this is among the Yahoo’s moves to further place itself for a blockchain and crypto-friendly site, simply because they have started to offer blockchain and cryptocurrency related content to its diverse lot of audience. Although at the moment yahoo, and other popular platforms, is within very beginning of crypto adoption, it’s always considered as a welcome move towards widespread digital asset adoption.