Fintech startup Circle has opened up early access to its new cryptocurrency investing app, providing most US customers with instant, commission-free cryptoasset trading. On Tuesday, the Goldman Sachs-backed company sent emails to users who had participated in Circle Invest’s beta testing program, informing them that it had released version 1.0.1 of the mobile brokerage platform, which is available on both Apple and Android.
Circle Invest — whose tagline is “crypto without the cryptic” — provides retail investors with exposure to Circle Trade, the company’s high-volume institutional trading desk. Unlike institutional buyers, however, Circle Invest users can purchase as invest as little as $1. The company does not charge commission for the service, although it says the spread between buy and sell orders is approximately one percent.