Free stock trading could concern Square’s Money app
Square’s Cash App currently lets you do more than simply repay your buddies for lunch– the app started letting users buy and sell Bitcoin back in2017 Soon, it might give you access to another kind of investment: Square is testing a feature to let users purchase and offer stocks totally free, according to Bloomberg
We do not know how this may actually work, and Bloomberg didn’t share any details that it might or may not have actually seen. Square does make purchasing Bitcoin on the Cash App quite easy, so ideally it brings that very same simpleness to its stock trading. Complimentary stock trading app Robinhood already lets you buy and offer stocks and cryptocurrencies with very little friction, but Square’s Money App might possibly end up being a one-stop-shop for moving loan between peers, several types of investments, and your bank.