Robinhood customers can now buy and sell Bitcoin and Ethereum with Robinhood Crypto, starting today, commission-free, along with stocks. Access is currently limited to some states.Robinhood is gradually rolling out access to it's customers residing in California, Massachusetts, Missouri, Montana, and New Hampshire, and will be releasing crypto trading functionality in many more states later. In the meantime, all, investors on Robinhood can monitor and track market data for 16 cryptocurrencies.
With today’s trading launch, the company also announcing "Robinhood Feed" – a brand new way to discuss cryptocurrencies, news, and market swings, in real-time with other investors on Robinhood. Feed is available to a limited number of people on the platform and will evolve based on feedback.
Over the past few weeks Robinhood has reached four million users and well over $100 billion in transaction volume on the brokerage platform, leading to over $1 billion in commissions saved in equity trades. With the release of Robinhood Crypto, commission free trades will be extended to Bitcoin and Ethereum currently with other crytpocurrencies added in the future.
Sign up for Robinhood here and get free stock:
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