TradeZero today announced that it has teamed up with bitcoin serial entrepreneur Jered Kenna to create the world’s first “dark pool” exchange for bitcoin and eventually other digital currencies. 

Dark pools refer to off-exchange trading between two parties and account for more than 40 percent of the volume of stocks being traded on a given day. Kenna pioneered the concept of dark pool trading at his first bitcoin exchange, Tradehill, which operated during bitcoin’s infancy (2011-13).

TradeZero is a global platform that already allows commission-free stock and ETF trading, as well as the ability to trade equity and index options.

“We are looking to provide the non US investor with the same access, tools and discounted commission structure that many US traders enjoy today,” said Daniel Pipitone, Director of TradeZero.

​TradeZero: Digital Currency enables safe and secure trading in digital currency markets like Bitcoin.  Clients get access to commission-free dark pool digital currency trading, allowing them to make large purchases or sales without substantially moving the market price. This is a unique opportunity and will appeal to those who are serious about trading or building a portfolio with digital currency.

“As larger mainstream investors wish to diversify from the stock market during this time of heightened global uncertainty and high P/E ratios, TradeZero will allow for making of sizeable trades without raising market price or alerting others to their positions,” noted Kenna.  “I’ve been bullish on bitcoin since it was two cents and this platform is another great enabler in letting institutional and individual investors alike trade in bitcoin without market depth risk.”

TradeZero Digital Currency is one of the safest ways to buy or sell bitcoins, securing each transaction through multi-signature technology using market leader Bitgo, a company that insures and securely stores digital currency.  This provides Trade Zero, clients with the highest level of enterprise-grade security to protect their digital assets.

TradeZero also offers a user-friendly experience in both functionality and navigation of digital currency markets with real-time price indexes.  In addition, clients can send both national (fiat) and digital currencies to each other directly, with digital currency transfers made at no cost. Around-the-clock email and web chat support is also provided.

There is currently a minimum opening balance of $10,000 USD or equivalent currency. Digital currencies such as Bitcoin (BTC) are accepted. Qualified client accounts are activated on a first-come, first-served basis.