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Yahoo Finance, one of the world's biggest news sites for real-time stock market quotes and market information, has added a new feature to enable cryptocurrency trading on its platform.
According to a blog post on Thursday, the company has enabled the feature on its iOS mobile app, which now supports in-app trading of four asset types: bitcoin, ethereum, litecoin and dogecoin.
The announcement came between various tweets online yesterday that indicated the service appeared to be available even in the desktop version of Yahoo Finance.
The feature is not visible on desktop browsers at the moment, but Yahoo Finance said in the announcement that it will extend the service to Android Web platforms, desktops and mobile in the future.
The company added the new functionality through a partnership with TradeIt, a platform that integrates with brokerage services to act as a hub for trading financial assets.
While Yahoo Finance has not offered details on which brokerage platform its iOS app is linked to crypto trading, TradeIt was at least integrated with the US Coinbase cryptographic exchange, according to a statement from last year.
In fact, the news site began its partnership with TradeIt in September 2017 to allow users to do in-app trading of traditional financial assets. However, exposure to the cryptos was currently limited to displaying portfolio prices and performance.
Yahoo Finance started to monitor the price of bitcoins in 2014, as reported by CoinDesk. Last year, the company extended its price monitoring service to cover over 100 cryptocurrencies on all of its platforms globally.
Image of Yahoo Finance via Shutterstock
The leader in blockchain news, CoinDesk is a media outlet that fights for the highest journalistic standards and adheres to a strict set of editorial policies. CoinDesk is an independent operating subsidiary of the Digital Currency Group, which invests in criptovalute and blockchain startups.
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