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What cryptocurrencies does EDX offer?

The exchange offers trading in Bitcoin, Ethereum, and Litecoin. EDX offers a non-custodial model, meaning that it does not hold clients' digital assets.

What makes EDX markets different from other crypto exchanges?

One thing that separates EDX Markets from other crypto exchanges is that it doesn’t custody customers’ digital assets. Instead, users will have to go through financial intermediaries to buy and sell crypto assets, similar to how trades are executed on the New York Stock Exchange (NYSE) or the Nasdaq (NASDAQ).

Is edX a 'custodial' exchange?

Schwab and Fidelity-backed crypto-platform EDX Markets began trading for bitcoin, ether, litecoin, and bitcoin cash. EDX is a 'non-custodial' exchange, meaning it does not hold customer crypto and instead uses a third-party custodian. EDX plans to launch a clearinghouse later this year to help customers settle trades.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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