Thinking Crypto
@thinkingcrypto·193K subscribers·4.2K videos
Online Brokerage Robinhood Will Offer Crypto Trading in February - Bitcoin, Ethereum & More
Posted
January 25, 2018
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4:50Now PlayingMore competition is coming to the cryptocurrency exchange market! This is bad news for Coinbase and good news for U.S. consumers. Robinhood will launch its crypto exchange in February!
Since launching in 2015, Robinhood has become a staple among millennials diving into U.S. equity markets via smartphones, and more recently, web browsers. The demographic is ideal as many millennials are investing in crypto.
“Now in Robinhood, for the first time, consumers will be able to invest in and trade stocks, ETFs, options and cryptocurrencies all in one place. You don’t need to have different apps, or be checking stocks on Robinhood and then logging into some exchange in Asia to trade your cryptocurrencies. It’s all consolidated,” says Baiju Bhatt, who serves as co-founder and co-CEO of Robinhood alongside Vlad Tenev.
“Next month, round-the-clock, commission-free cryptocurrency trading comes to the Robinhood platform. Trading will be limited to Bitcoin (BTC) and Ethereum (ETH), with more coins tradeable later. Trading functionality for BTC and ETH will be released gradually in waves to Robinhood residents in California, Massachusetts, Missouri, Montana, and New Hampshire. Robinhood Crypto will be available in more states soon.”
Expect Ripple XRP and many of the top 10 cryptos to be added
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Disclaimer - Thinking Crypto and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.
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