Yahoo Finance Now Allows Trading of 4 Cryptos on Its iOS App

Aug 31, 2018 at 05:00 UTC

Yahoo Finance, one of the world’s largest news sites for real-time stock quotes and market information, has added a new feature to allow cryptocurrency trading on its platform.

According to a blog post on Thursday, the company has enabled the function on its iOS mobile app, which now supports in-app trading of four types of assets: bitcoin, ethereum, litecoin, and dogecoin.

The announcement came amid various Tweets online yesterday indicating the service appeared to be also available on the desktop version of Yahoo Finance.

The feature is not visible on desktop browsers at the moment, but Yahoo Finance said in the announcement it will extend the service to Android, desktop, and mobile web platforms in the future.

The firm added the new feature via a partnership with TradeIt, a platform that integrates with brokerage services to act as a hub for trading financial assets.

While Yahoo Finance didn’t offer details on which brokerage platform its iOS app is connected to for crypto trading, TradeIt had at least integrated with the U.S. crypto exchange Coinbase, according to a statement last year.

In fact, the news site started its partnership with TradeIt in September 2017 to let users do in-app trading of traditional financial assets. However, the exposure to cryptos at the time was limited to viewing prices and portfolio performance.

Yahoo Finance first started tracking bitcoin’s price in 2014, as CoinDesk reported. Last year, the company expanded its price tracking service to cover over 100 cryptocurrencies across all its platforms globally.

Yahoo Finance image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.