Yahoo Finance, the financial branch of the major search engine Yahoo, is now offering buy and sell buttons for Bitcoin, Litecoin, and Ethereum.
Yahoo used to be one of the biggest search engines in the world but started to decline from the top ranks in the late 2000s. It is still a major platform used internationally though and pulls in billions of dollars of revenue per year. Yahoo Finance provides a full suite of financial information for all tradeable assets like stocks and commodities, and usually has links to brokerage firms for buying and selling.
Its cryptocurrency page provides a list of 112 cryptocurrencies showing their price, market cap, trading volume, circulating supply, and historical charts, similar to CoinMarketCap. This is the first time Yahoo Finance has offered crypto trading directly through their platform, and it is a logical step since people looking for crypto trading data are probably interested in trading crypto.
This is yet another piece of infrastructure that will help the adoption of crypto. Yahoo Finance joins numerous other platforms and exchanges that offer crypto trading, as well as over 3,600 Bitcoin ATMs and 466 crypto hedge funds. When aggregated, these services are an excellent infrastructure for buying crypto worldwide and are laying the foundation for the next big crypto rally. When the rally starts, it will accelerate faster than ever before due to all the options for traders and investors to buy crypto.
Founder of Morgan Creek Digital, Anthony Pompliano, exuberantly greeted the addition of crypto trading on Yahoo Finance by remarking that the crypto virus is spreading.
You can now buy Bitcoin, Ethereum, and Litecoin on Yahoo Finance.
THE VIRUS IS SPREADING ?
— Pomp ? (@APompliano) August 29, 2018
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