The biggest thing Robinhood has going for it is its no fee transactions and now adding that in with cryptocurrency is sure to give these other exchanges such as coinbase a serious run.
See just the other day I bought bitcoin and coinbase charged me a 1% fee, does not sound like a lot but when your making large transactions it could be a few hundred to a few thousand dollars! Overall any fee hurts the bottom line and hampers your growth so by having a zero fee trading platform you could beat out your competition.
Special Offer - Join Robinhood and get a free stock share after you deposit $100 or more Click Here - This is my affiliate link but one is required to get your free share.
The current 5 states that are accepting it are
California
Massachusetts
Missouri
Montana
New Hampshire
Unfortunately my state of Florida is not on here (at least not yet) Robinhood will eventually be released in other states as they work out all that little fine paperwork. My recommendation is to join via the link above get your account setup and funded and be ready for when it launches in your state!
P.S The UI (User Interface) is one of the best and coolest I have seen in a long time Robinhood really has their stuff together.
Great. I hope Robinhood serves globally soon. Thanks for informing us.
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Go get em Sean upvoted!
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I believe Robinhood will be able to give us a very good service and will be able to service globally. Your posts always help us get updated news @bitcoinflood
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Yea, I keep hearing about this a lot (I also wrote an article on this back when it was announced, but I won't spam you a link).
Perhaps it'll lead to a bit more stability with an influx of independent traders trading in a stock type of fashion.
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Same I wrote about it a month ago but then it was just hear say nothing actionable but it is good to see it released in at least 5 states so far. Means Progress!
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Not going to lie. The Tron theme makes me want to use this app more than the fee reduction... Especially since I expect Coinbase to be revising fees due to increased competition.
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lol, right the UI just looks sweet
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I swear this is really going to make crypto blow up even more! I have soooo many friends that use robinhood all the time and they would jump on the cryptotrain so fast with this!
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Hope Robinhood brings stability in Cryto market trading ... I also like the fact that Robinhood is an entirely fee-free exchange platform.Can't wait till everyone, everywhere is allowed to get involved into it.
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Robbinhood is allowed in NJ signed up thru your link and have the stock. However at this time their is no bitcoin or Reuther listed on the homepage. Just some tech stocks and GE, hope to see the cryptos appear.
On another note you got some flagging to do the bots have arrived in this post.
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Thanks! Might take some time maybe approval etc needs to happen first? Since my state is not on the list yet I can't speak for it however.
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If there are no comissions per trade... means spread are wide as fuck? If not, how do they make money?
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Just I like Cryptocurrency for it's activity...
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You got a 1.19% upvote from @buildawhale courtesy of @bitcoinflood!
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Good Job Fri...
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Robinhood came to save us. Yeahh ahahahah I want to try that.
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Sneaky Ninja Attack! You have been defended with a 2.89% vote... I was summoned by @bitcoinflood! I have done their bidding and now I will vanish...Whoosh
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You got a 1.41% upvote from @postpromoter courtesy of @bitcoinflood!
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Bitcoin is going to kill Coinbase in my opinion.
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Nice article. It looks like a good app
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This post has received a 0.08 % upvote from @drotto thanks to: @banjo.
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