Robinhood Mobile App To Launch Zero-Fee Crypto Trading In February

in robinhood •  7 years ago 

This announcement is welcome for users of other Cryptocurrency Exchanges. This company has announced in a blog post on Thursday 25th January. In February, any non-service trading app Robinhood will allow users to trade Bitcoin and ethereum with no charge. It also allows Robinhood users to track the price of many other cryptocurrencies, which include ripple and light cone.

Which have become accustomed to paying fees ranging from 0.1% to 4% per transaction on platforms such as Coinbase? This, which can boast more than 3 million users already, allows it to bring more merchants on their platform. The company's intention is to use the zero-fee cryptocurrency trading facility as a "loss-leader", although the actual business facility is only available for bitcoin and ethereum.

Source - https://cointelegraph.com/news/robinhood-mobile-app-to-launch-zero-fee-crypto-trading-in-february

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