Robinhood Crypto - What is it?

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Don't Sleep Introducing Robinhood Crypto

Published by: Get Smart Crypto

NOTE : THIS VIDEO IS ABOUT EDUCATION AND REVIEW PURPOSES ONLY

What is Robinhood Crypto?

If you’re thinking merry men, Sherwood Forest, and stealing from the rich to give to the poor, you’re only partially right. However, it's not the popular crusade from the Middle Ages, but a trading app for US millennials. It offers a younger target audience the chance to trade options, stocks, and ETFs on the go.

In January 2018, Robinhood announced that it would be making Robinhood Crypto available for its users in selected states. Just like the flagship app, Robinhood Crypto also offers commission-free trading.

Starting out slowly, it was originally available in only a handful of states, including its native California, offering just Bitcoin (BTC) and Ethereum (ETH). However, the app has been gradually expanding support for other cryptos.

Robinhood Crypto has now added Bitcoin Cash (BTC), Bitcoin SV (BSV), Ethereum Classic (ETC), Dogecoin (DOGE), and Litecoin (LTC). It is also now available in over 30 states.

Already catering to a millennial base, Robinhood Crypto made perfect sense for its customers and had one million users sign up in the days following its launch announcement.

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