In a blog post, Yahoo Finance, a stock news portal is going to launch four new cryptocurrency-based features.
Yahoo Finance had incorporated back in 2017, multiple cryptocurrency quotes pages from various websites, which allowed users to track over a hundred digital assets.
Yahoo announced back on November 30, 2017:
“We’ve added over 100 cryptocurrency quote pages to Yahoo Finance across all platforms globally. From Ethereum to Zcash, these pages will include all of the powerful insights you’ve come to expect from Yahoo Finance, and more – profile information, historical data, coins outstanding, market cap, and data on currency pairs – provided by our partners at CryptoCompare. We’ve also partnered with CoinDesk for our curated content stream, in addition to our own original editorial, to serve up the latest news and information on each particular currency.”
On Thursday, August 30, 2018, Yahoo Finance announced its intent to add four cryptocurrency-based trading options. In the announcement, users with the iOS mobile app provided by Yahoo Finance can trade the digital assets: Bitcoin BTC, Ethereum ETH, Litecoin LTC, and Dogecoin DOGE.
The news portal’s blog stated:
“Yahoo Finance is now allowing users to act on that information, and trade cryptocurrency directly through its platform. The new feature, launched this week on the iOS app, allows users to buy and sell a variety of cryptocurrencies by linking their account – via an integration with our partners at TradeIt – including Bitcoin, Ethereum, Litecoin and Dogecoin. Android, desktop and mobile web are coming soon.”
Charlie Lee, Litecoin founder posted on Twitter:
“You can now buy/sell LTC on @YahooFinance. Mass adoption is achieved one step at a time.”
As of now the cryptocurrency trading features are only available to those using the iOS operating system, however, an extension to Android, desktop and mobile web platforms are in the works.
Yahoo Finance first involvement in the crypto ecosystem was in 2014 with Bitcoin stock data and as we saw hundreds of coins were later added. We can only speculate as to what Yahoo Finance has in store next.