Bitcoin Forum

BREAKING: BTC is now being traded on the Nasdaq! I bought one BTC through my TDAmeritrade account! According to the chart it started trading April 10, 2019!! Other digital assets are soon to follow!!


UPDATE: According to TDAmeritrade support - it's not a real trade in my account - it appears they are testing only using their Paper Trading platform. Support said "I'm not able to speak on it" -They did not know what CXERX is. Strange...  But something is going on for sure!

https://twitter.com/cryptopolis_x/status/1120352266836426752

https://twitter.com/cryptopolis_x/status/1120364600137007106

Those Tweets above are not any hype .They are from https://strongmarket.com/ Twitter what is stock data provider from years https://twitter.com/cryptopolis_x

More about listening Bitcoin on TDAmeritrade you can find in article below

Bitcoin Trading on TD Ameritrade and Nasdaq?
11 Million Clients May Soon Get Access to BTC Trading
Growing Institutional Interest in Bitcoin


Bitcoin Trading on TD Ameritrade and Nasdaq?
11 Million Clients May Soon Get Access to BTC Trading
Growing Institutional Interest in Bitcoin


https://bitcoinist.com/td-ameritrade-bitcoin-trading-nasdaq/

I remember this news earlier this week. But If I remember it may be something in Beta, at least not yet official. When the guy contacted the support desk they were not even aware of this and could not explain what it was.
By the way, there is also Litecoin added.

It won't be traded in the NASDAQ itself, if this really happen NASDAQ would only provide a separate market for cryptocurrencies and not mix it up to stocks of companies as it will just complicate things. The positive side is if this happens USA will be like South Korea on having their own crypto market with the benefits of price gaps happening with their own market. This might be the american government wants in the first place on having their own independent crypto market running without big foreign influence as much as they can.


Note:
If you want to avoid plagiarism in your post you should have quoted the above message and provided the twitter links as your reference link.

Yes it still at it beta testing mode and have not been made official, we will keep looking forward to more coins getting listed on the Nasdaq exchange we need more of such development in the cryptocurrency exchange market because a lot of exchanges are becoming more centralized and regulated.

Am I wrong or someone talked about BTC on Nasdaq like over 1 year ago?

This is a pretty big deal, much more so than the empty Bakkt that won't be granted an approval this year. Bakkt has already been kicked in the nuts by LedgerX, and possibly even Nasdaq with their Bitcoin backed futures.

That being said, the total number of their traders is just a headline figure. No way they will all rush to buy themselves into Bitcoin. It would be amazing if they did, but we have to be realistic here. :)

Makes me wonder how deep they are invested in this coin. I do like the fact that there is nothing but positivity around Litecoin, which is a world of difference compared to scam coins such as Bcash and BSV where they are only out to cause drama.

Yes, there was a buzz a few months ago when Nasdaq announced to launch Bitcoin Futures this year. There had been a lot of articles published in the media
https://www.coindesk.com/bloomberg-nasdaq-still-planning-bitcoin-futures-launch-in-2019
https://www.ccn.com/nasdaq-to-launch-bitcoin-futures-2-0-in-early-2019
https://cointelegraph.com/news/confirmed-nasdaqs-bitcoin-futures-will-launch-in-first-half-of-2019

@Harlot
He posted Twitter's links already.

@okala
Don't expect to see Nasdaq adding any bunch of shitcoin that pop up. I will be surprised is there are more than 5 cryptos listed.

You’re right, there so many rumors about this before about NASDAQ and its adoption but until now, we are still hoping for this kind of news. BTC trading on the top stock exchange is always a good adoption, though its hard to believe that it can happen right now, maybe in the future that every stock market will accept bitcoin.

It'll be interesting to see whether or not they will look at bitcoin derivatives as more of the direction that they're heading in, or just bitcoin itself.

I think that if it's the former, there isn't really anything to see here, but if the latter, there could be some positive implications as a result of the listing.

Still though, I doubt it'll influence any fundamentals that bitcoin brings. Potentially it could mean that bitcoin becomes more liquid as more institutions see it as legitimate since it's traded on a platform that they know of, but in reality, the product that Nasdaq offers is really not that much different to all the exchanges that we already see currently.

So yeah, what it comes down to is really recognition, volume, convenience, and potentially liquidity, which are all great benefits especially for institutional investors. But just like ETFs, I doubt that it's going to increase adoption per se.

Erisx is testing his platform now


Below message from his twitter

A limited number of participants are testing our production platform to ensure a robust offering upon our public launch. We will have more to say, soon.  If you are interested in learning more, please sign up for additional information at

Here link to subscribe

https://www.erisx.com/?utm_campaign=April%2023rd&utm_content=90031868&utm_medium=social&utm_source=twitter&hss_channel=tw-1045309052270641152#section-contact

Erisx can launch very soon in couple of days even as i know from trader from USA they can be linked to Etrade platform
Somebody told that Etrade crypto trading launch can be the end of May to like mid July

I heard this before that Nasdaq will start trading BTC but now it has come into reality.
Though it's still in beta but it's a good start, eventually this would help this year to be more bullish and it goes live soon .

While I understand it is a trial run going on, but it raises some questions in my mind,

1. Will it be a bitcoin derivative? if not,
2. Can the traders get actual delivery of bitcoins?

I doubt it is the case, but if traders can get actual delivery of bitcoins, it's great for the market!

If not, doesn't make sense because it won't have any impact on the market!

This is dodgy indeed.  ::)  How can you pay real money for a test exercise on paper and not tell the investors in advance? This is obviously not real bitcoins that are bought, but just some ledger entry on their own internal ledger system.  ???

In any way, hiding this or telling people not to talk about this, raise red flags for me. Do they want to do this without prior approval or do they want to jump in front of their competition or is this insider trading?

Typical Nasdaq strategies to "exclude" certain people from the inside circle.  ::)

Way too optimistic in my opinion. This is basically a testing phase. If it is indeed made available to the general public later on, this could be huge since millions of clients could begin trading BTC actively.

However, I will keep my expectations grounded since news regarding institutional investors never helped much in the past.

So when this adoption is real, then would there be a positive impact on Bitcoin? Or will it be the same or even worse? I don't fully understand about this, so I have to stick around and see if I could find clarifications.

I am not too surprised / hype because many times Nasdaq wants to be held or other meetings, but always backed up and the edges don't
so it's not too shocking, we'll see if they get together or not
and talking about the future of crypto will be what after this meeting
whether for the sake of a good future / not

Yeah, both Ameritrade and E-Trade are reportedly going to offer cryptocurrencies for trading. My guess is they see Robinhood and other startups eat away at their potential user base, so they got jealous and decided to join this bonanza. This will have the effect of introducing cryptocurrencies to millions of new people, so this is an exciting development. We are seeing institutional money entering this year.

These are some of the little (but mighty) things that can drive the mass adoption the community seeks. It's not about begging a billionaire somewhere to patronize and invest in Bitcoin to make it get acceptance. It's a good thing the stock exchange is taking it up. However, Forex trading platforms have been accepting Bitcoin trading pair for years now.

Let's see this time, Nasdaq is big with at least   $10 trillion  marketpcap, (https://en.wikipedia.org/wiki/NASDAQ) if BTC will take even a small percentage, it would still be a big deal.

I won't take those news serious until I see a confirmation (with some dates and details) from NASDAQ. Crypto community has been waiting for BTC futures trading in CBOE but those futures had almost no support and ended up delisted with a tiny volume. Nothing tells us that there is some interest in cryptocurencies from the side of major investors. Also, no one knows if people would buy crypto or it would be some contract, attached to BTC price.

I have noticed it as well but if it's already a confirmation then it's another way of adoption for Btc. The hype of btc these days might be because of different adoption and acceptance in a lot of aspects and activities around us. I'm sure that there are still lots to come aside from Nasdaq.

More you have from today Coindesk
https://www.coindesk.com/us-stock-broker-etrade-to-launch-bitcoin-and-ether-trading-report

From article 
The U.S. brokerage is also reportedly finalizing a third party to hold the cryptocurrencies, Nathaniel Popper, tech reporter at The New York Times, tweeted Friday.

and  Saturday Bloomberg

https://www.bloomberg.com/news/articles/2019-04-26/e-trade-is-said-to-be-close-to-launching-cryptocurrency-trading

We will have much more liquidity when that will launch

So we have that finex scary scandal and same time news about serious institution coming

Somebody told that we had people coming to crypto now we have institution coming

This is on Beta testing right now Bitcoin price will surely grow and grow in the future because the adoptation are dominance  the whole world no doubt that Bitcoin has a bright future for all of us.
Lets make thing happen inthe future adoptation is one of a big help for the grow of bitcoin price.

Probably in some dark corner of Nasdaq on some editor's desk, is a repeater that says Bitcoin every 365th message, and then someone brings it up on some meeting agenda, alongside "blockchain" and "disruption" and other board members, who weren't around a year ago, wisely nod their heads and greenlight a PR to discuss the "possibility" of such an endeavour.

If my brain were a data crunching machine, I'd be able to see things in deja vu fashion all the time when it comes to Bitcoin.

I know that news in the last month as my friend told me that bitcoin was on the Nasdaq. But I don't try to buy bitcoin on that market because I still prefer with the existing exchanges I used. Maybe later I will try to buy bitcoin on that site and send it into the previous exchange that I used, and if the price on that site has a low price than the other exchange, maybe I can try to do arbitrage trading.
All in all that will be good news for the crypto user, and it will attract the trader on the Nasdaq because they can trade bitcoin with other stock.

So it's less "being traded on the NASDAQ" and more "broker sets up a parallel market on their trading platform". Really different contexts here, since an exchange like Bitfinex, could hypothetically start trading stocks on their platform and that would have the same effect as this broker opening up their platform to cryptos. Sure it means higher liquidity, but you've got to be real about what it actually means.

It's a good step in the right direction, though. Hopefully, this will lead to other brokers opening their trade platforms for Bitcoin, and it might cause a larger exchange to develop on the NASDAQ in the future.

Well is good to see traded there, even if is parallel market, and always is better to have bitcoin traded on more markets. The bitcoin traded on Nasdaq can be withdraw to a bitcoin address?

If Bitcoin gets listed at Nasdaq it will have then reached full household name. Anything listed at Nasdaq is big and available to millions of investors with trillions of U$.

Hoping this news is real this time. If so then it's likely the biggest business development in the history of BTC.

This is really very interesting and it means we have started to see bitcoin go in mainstream.  If NASDAQ can list bitcoin for trading as at now then we should know that something is happening in the back end that we did not know. However,  no matter what is it I am very happy that it is happening in my time.

It doesn't really matter

Well, of course it does, but just the official news will suffice to break all resistance walls and ceilings up to 10k within a few days (or a couple of weeks like it had happened in 2017). And given Bitcoin's volatility, it wouldn't be a wise idea to ignore this coin by the Nasdaq traders. But the question is whether they haven't already invested in cryptocurrencies directly. If simple people can easily buy a few bitcoins here and there (provided they've got enough dough), the pros from Nasdaq should be very well aware of Bitcoin's potential


Anyway, BCash makes a good speculative vehicle. BSV, on the other hand, is definitely a dead horse no use riding

This just shows that there is a possibility of it being on the works and it could lead to something much bigger and openly trading on nasdaq or it could lead to not be in anything at all and we don't know which one it will end up with. TDameritrade or whatever that thing is called may be doing something for themselves whereas it doesn't really mean anything and just them working on a future project when it is doable one day and not even a command from nasdaq was given but it could be that soon we could see something like this as well.

In any case if it is possible (which they said it will be one day) we will hear about it much quicker, its not going to be "oh we were given the chance what a news" 2 weeks later, it will be like a huge news in all crypto news websites the day its given.

Erisx is very close to public launch
First they will open spot trading then physical future
I think that current rebound we have thanks to ErisX updates

Home at last, this is where Bitcoin will show to the unbelievers the true power of trading. The good part is Bitcoin gains more and more popularity and now, with Nasdaq thing will be even greater.

I just knew today about the XRP going to be added on NASDAQ as well. Kind of extra ordinary when all we know Nasdaq only list big companies like Microsoft and Google. They probably consider BTC and XRP to be the next big thing in the future so they are get on with it. Ameritrade is surprising because all I know its a penny stock. Good to know though.

I was not able to follow the news, but made a research after reading your comment, some of the source here
https://www.newsbtc.com/2019/04/30/ripple-surges-after-nasdaq-adds-xrp-liquidity-index-will-growing-adoption-propel-it-higher/

This is really good for adoption, other major coins will be added soon.
I have a feeling it's gonna be a good year for crypto.

Perhaps it will not be directly NASDAQ but a platform associated to them. Even the supports know nothing about this, which gives me the idea that NASDAQ isn't directly having BTC trading onto their books. It's a double-edged sword for bitcoin to be in NASDAQ since we know that it will be exposed to more kinds of manipulation and possible dumps, but then again we know that it's a highly regulated market so the chances are lessened. Also, more participation from institutional investors means more money, more pushes and more projects, so yeah.

I was too excited that didn't read the whole article so I tried looking to other related article too. And yes its not really directly that Nasdaq but brokers which somehow still a good thing for adoption and will likely be looked at as crypto being legal. They can't just publish articles about bitcoin and other coins being scam as brokers are already setting it up on their platforms.

XRP is added to Nasdaq price index.But it is also cool .It legitimize crypto much