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Nasdaq possibly testing Bitcoin could be extremely bullish for cryptocurrencies

According to Twitter user Cryptopolis and Litecoin founder Charlie Lee, TD Ameritrade, in conjunction with Nasdaq, is testing Bitcoin.

Written by Becky Leighton Published on

Earlier this week, quantitative analyst at StrongMarket, Crypotopolis, announced that Bitcoin is being ‘traded’ on Nasdaq.

A tweet from the analyst sparked the interest of the crypto-community, after he suggested that he was able to purchase Bitcoin through electronic trading platform connected to Nasdaq TD Ameritrade. According to Cryptopolis and the chart tweeted, it shows the BTC/USD pair trade from April 10th 2019.

Is Nasdaq listing Bitcoin for trade?

Despite Cryptopolis’ excitement, it was confirmed that the trade did not take place through the real platform, but was made on the paper one.

In contact with TD Ameritrade staff, Cryptopolis found that CXERX β€œis not a symbol [they]trade on the live side,” which suggests that the digital currency might be in a testing version. Although no real transactions are taking place, it could spell a massive wave of adoption if Nasdaq goes live with CXERX.

TD Ameritrade tests Litecoin

Litecoin founder Charlie Lee also commented on the news, tweeting that TD Ameritrade is testing both Bitcoin and Litecoin on its platform.

Lee confirmed that the image was taken from his own TD Ameritrade ThinkOrSwim account, saying that although it might be paper trading for now, “it’s there for sure“.

Start trading cryptocurrency with Coindirect.

Written by

Internet writer looking to find the right piece. Also presents things on radio and happens to be a chip off the old blockchain. @BeckyRLeighton

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