ShortHop’s New Reach in the U.S.
The cryptocurrency exchange and brokerage ShortHop is sweeping through the U.S., launching its services in seven additional states, including Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona, and Montana. Previously, this Delaware-based service only catered to clients in California, Washington, and Illinois.
Aggregating Liquidity for Better Prices
One of the unique features of ShortHop is its ability to aggregate prices from multiple trading platforms. As explained by Velocity Markets CEO Jonathan Kelfer, users can find the best price for assets like Bitcoin across various platforms, including Binance and Gemini. This means when you want to buy that sweet Bitcoin, ShortHop will help you hunt for the best deal — kind of like shopping for the best price on a new pair of sneakers.
The Appeal of Zero Fees
Who doesn’t love the sound of zero fees? For now, ShortHop is offering a fee-free experience and a welcoming gift of $25 worth of BTC for all new sign-ups. It’s like getting a free sample at an ice cream shop but for digital currency!
A Bright Future for Institutions
Looking ahead, Kelfer mentioned that ShortHop plans to expand its services to institutional clients. This means not just regular folks trading from their couches, but also business giants that could benefit from the same high-quality infrastructure. Kelfer quipped, “We’d rather do this than nickel-and-dime retail users.” It’s refreshing to see a company looking out for the little guy—at least for now!
What’s on the Menu?
Currently, users can dive into a variety of digital assets on ShortHop, allowing easy switching between Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM), and Ripple (XRP). No need to waste time swapping tokens across different platforms—ShortHop allows users to “hop” seamlessly, saving both time and headspace.
