Galaxy Launches Crypto Trading Platform to Take on Robinhood
Galaxy Digital is set to compete with the likes of Coinbase, Kraken, and Robinhood following the launch of its crypto trading platform. The service, called GalaxyOne, was unveiled on Monday for individual investors. The newly launched platform comes with several features, including “premium” yield for accredited investors.
Galaxy Digital is hoping that this platform chips away at an industry largely dominated by a number of firms in the United States.
One of its incentives is the “premium” yield for accredited investors. This is up to 8% Annualized Percentage Yield (APY). There is also 4% APY through “GalaxyOne Cash,” which doesn’t have the same restrictions as the former. This new outfit could be a strong…
