Recently the American company Robinhood entered the market with a very attractive proposal. Robinhood Markets Inc., or simply Robinhood, is a U.S. Based Financial Services Company Headquartered in Palo Alto, California. [1
This company will launch a platform similar to that of other exchanges with the difference that it will have zero commissions on its transactions. This has attracted the attention of several users and thanks to this has achieved more than one million users in a very short time.
Robinhood is a company that provides a mobile application with which you can make investment operations within the stock market without paying any commission for these operations. In just three years in the market, the company has managed to gain a position in the market. Robinhood operates a mobile app that allows customers to buy and sell stocks on U.S. commission-free exchanges. The app is available for iPhone, Apple Watch and Android.
The company will focus its market on the most popular cryptocurrencies such as bitcoin, ethereum, ripple, monero, litecoin and bitcoin cash. The company will start with limitations for the international market, one of these limitations is that it will not be available to everyone from the beginning, but it will be possible to use it only in 5 states within the United States of America.