The NEO coin is among several coins that are slated for addition onto the fast-rising US-based site Robinhood. There is an indication that the relatively new site could revamp its services and expand, potentially becoming a competitor of the revered Coinbase.
The site that just launched this April has become a favorite of cryptocurrency’s millennial investors. Its fast-expanding reach could do well to expose NEO to more users among the American user base on its trading app.
If the coin is added as expected, the probability of it being a positive move could see its volume improve (has dipped from $500 million worth of NEO coins traded late April, to just over $126 million on May 10, 2018).
NEO is also among 50 other crypto assets listed today on Coinbit, which has promised free trading for the first month and then a subsequent low fee of 0.05%.