In a stride towards embracing digital currency, WeStreet Credit Union, based in Tulsa, Oklahoma, has unveiled a Crypto Portal to facilitate the buying, selling, and holding of cryptocurrencies for its members and the general public. Initially launched in August 2023 as a members-only feature, the portal extended its access to the public in October.
Cryptocurrencies, decentralized digital assets like Bitcoin and Ethereum, have primarily been traded on unregulated online platforms, posing a significant risk to investors. This risk has been exemplified by the loss of billions of dollars in digital assets over recent years on such platforms. However, WeStreet Credit Union aims to mitigate such risks through its Crypto Portal. The credit union, a federally regulated entity, offers a secure environment for cryptocurrency transactions, ensuring a level of trust and reliability often lacking in digital-only crypto exchanges.
WeStreet has…