Two months after launching its cryptocurrency trading website, Robinhood extends its service in Colorado. The exchange service based in the United States offers a mobile application that can be used for public trading. It stands out from the competition because no commission is required on its platform, especially since it obtains gains thanks to the interest on the loans of its customers.
Robinhood Crypto in Colorado
The American stock brokerage application sitting in Palo Alto, Robinhood Financial LLC, launches into another state of the country, Colorado. The company has officially announced its development on Twitter social media saying:
Robinhood Crypto arrives in a rocky mountain near you! Non-commissioned Bitcoin [BTC] and Ethereum [ETH] transactions are now deployed and available to investors in Colorado.https://twitter.com/RobinhoodApp/status/987367866897858560
The competition is felt in the United States, especially in Colorado, with the expansion of the zero-commission startup. The company's transaction services are also exempt from commissions for Bitcoin and Ethereum in the State of Western Colorado. The state is home to more than 5.5 million people and the sixth installment of Robinhood. They will serve in California, Massachusetts, Missouri, Montana and New Hampshire.
The growing popularity of Robinhood Crypto does him honor. Many users are asking him to move to their cities like Texas, Florida, Arizona and others.
Notable advantages from crypto-currencies
The cryptocurrency industry has enabled Robinhood to target more than 4 million users. The company's transaction volume is estimated at more than $ 100 billion and a new round of financing has reached $ 5.6 billion. Fenny, a crypto-currency enthusiast tweeted:
What takes so much time for Florida! Tallahassee is the cryptocurrency capital of the US !!! Oh man ... you can not come sooner. I would say goodbye to Coinbase in a heartbeat.While many users complain of inaccessibility in their respective regions , another member of the cryptocurrency community commented:
Dude, you can not even give people access to California !!! Why do you add another STATE ... FAIL !!! Do not waste your time with that. You can not drop or remove.Global opinion tends to say that if Robinhood supports more crypto-currencies and is working on expanding it in the US and elsewhere, customers will happily migrate to its trading platforms.
to read also: "Bitcoin Cash is simply a scam" after Jonathan Hamel, a cryptocurrency enthusiast
Which other country should Robinhood Crypto target in your opinion? Share your opinions in the comments section below.
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