Blockfolio also has the benefit of having an established, loyal user base of more than 6 million. The firm will be among the few platforms in crypto that offer zero-fee crypto trading (most charge around 50 basis points to make a trade). The new functionality - which will be powered by FTX’s trading systems - will put the firm up against a long list of players that offer crypto trading, such as Coinbase and Robinhood.īlockfolio believes its advantage over the competition will rest on its pricing model. Nearly six months after FTX acquired the crypto price tracking app Blockfolio in a $150 million deal, the platform is now ready to roll-out a crypto trading functionality.īlockfolio got its start in the crypto market as a place where users could track the price of various cryptos and the performance of their holdings.
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