Assets, Bitcoin

Can You Buy Bitcoin on Bakkt?

Bakkt is an upcoming cryptocurrency exchange that has been highly anticipated by the crypto community. The exchange is being developed by Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE).

Bakkt has been designed to offer a regulated and secure platform for trading cryptocurrencies. The exchange is expected to launch in early 2019.

There has been much speculation about whether or not Bakkt will allow users to buy Bitcoin. The answer to this question is still unknown.

However, there are some clues that suggest that Bakkt may indeed allow users to purchase Bitcoin.

First, it is important to note that ICE has invested in a number of companies that are involved in the cryptocurrency space. This includes Coinbase, a leading cryptocurrency exchange.

Coinbase allows users to buy Bitcoin with fiat currency.

Second, Bakkt has partnered with Microsoft and Starbucks. Both of these companies are accept Bitcoin as payment.

This suggests that Bakkt may also be open to accepting Bitcoin as payment.

Third, Bakkt has stated that its goal is to make cryptocurrencies more accessible to investors and consumers. One way to make cryptocurrencies more accessible is to allow users to buy them with fiat currency.

Fourth, Bakkt is registered with the US Commodity Futures Trading Commission (CFTC). The CFTC regulates futures contracts and commodities trading in the United States.

In order to list a futures contract on Bakkt, the CFTC would need to approve it. There is a good chance that the CFTC would approve a Bitcoin futures contract if Bakkt requested it.

Overall, there are many clues that suggest Bakkt may allow users to buy Bitcoin when it launches. However, nothing has been officially confirmed yet.

Until more information is released, we will just have to wait and see what happens when Bakkt launches in early 2019.

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