📰 【Morgan Stanley Launches Cryptocurrency Trading with Lower Fees Than Major Competitors】

BlockBeats news, May 6th, according to Bloomberg, Morgan Stanley is launching cryptocurrency trading services on its E*Trade platform, charging 50 basis points per transaction based on the trade amount, lower than major competitors like Coinbase, Robinhood, and Charles Schwab. The service is currently in the pilot phase, and E*Trade's 8.6 million customers will gain access later this year. Morgan Stanley stated that this move is part of its strategy to expand its share of the crypto asset market. The company bets that traditional finance and DeFi will gradually merge and is expanding more business around crypto assets to attract users who previously had to go elsewhere...
Fuck! Wall Street old dog Morgan Stanley finally can't hold back and is jumping in! Charging only 50 basis points to challenge Coinbase? This is to steal our food! 8.6 million retail investors waiting eagerly, are the market makers done shaking out? Traditional finance's entry is just to lift us up, $BTC $ETH make it rise to the sky! Stop dilly-dallying, I’m already starving for my positions! 👇👇👇👇👇