One App, Every Trade: Coinbase Adds 24/5 Stock Trading and Prediction Markets
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Coinbase introduces commission-free stock trading and prediction markets through a partnership with Kalshi, expanding its services to compete with Robinhood. The 'Everything Exchange' allows trading of crypto, equities, and event contracts in one app, enhancing capital efficiency for retail traders.
Predictions Markets
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- Coinbase launches commission-free stock trading and Kalshi prediction markets to rival Robinhood.
- The “Everything Exchange” update lets users trade crypto, equities, and event contracts in one app.
- Stock trading runs 24/5 with zero fees, targeting the “capital efficiency” of active retail traders.
Leading cryptocurrency exchange Coinbase is expanding its boundaries further into the mainstream financial sector after announcing it would begin offering stock trading and prediction market services.
Stocks and Bets Now Available on Coinbase
In an event on Wednesday, Coinbase CEO Brian Armstrong told his audience that the platform’s customers will now be able to trade stocks and place bets on a wide range of events. According to Armstrong, the crypto exchange can deliver prediction market services following its partnership with Kalshi, the sector’s top startup.
…Read The Full Article One App, Every Trade: Coinbase Adds 24/5 Stock Trading and Prediction Markets On Coin Edition.
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