Robinhood Officially Launched Token Sale

post image

Robinhood officially launched the trade in cryptocurrencies through its mobile application in five US states. If the success of the undertaking meets the expectations, the company plans to expand the geography of the service.

Residents of California, Massachusetts, Missouri, Montana and New Hampshire can now buy and sell Bitcoin and Ethereum using the new Robinhood Crypto platform. Also, market data for another 14 altcoyins will be available to users: Bitcoin Cash, Litecoin, XRP, Ethereum Classic, Zcash, Monero, Bitcoin Gold, and Dogecoin.

Our top trading bots

Robinhood for the first time announced the opening of trade in cryptocurrencies without commission for users from five states at the end of January, for the first four days afterward more than one million people signed up for the new service.

Over the past few weeks, we have been amazed by the enthusiasm for Robinhood Crypto and are pleased to make their significant contribution to the cryptocurrency community. Together we reached 4 million users and over $100 billion in the volume of transactions on our brokerage platform, which resulted in savings of more than $1 billion commission on stock trading. With the launch of Robinhood Crypto, we continue our mission to create a financial system for all, not just for the rich.

the company said in a statement.

Also, the company promises shortly to launch the media platform Robinhood Feed, where investors can discuss cryptocurrencies, news and market events in real time. Now the channel is available only to a limited number of users.

Information Source: Robinhood

Amazon Embraces Blockchain Despite The Dip on Crypto-Market
Even as crypto-market plunged from nearly $830 billion in January to $121.5 billion this week, the leading e-commerce company sees an opportunity in the...
No Use Of Blockchain If It Doesn’t Make The World Greener, Jack Ma Says
Jack Ma, who is to leave the position of Alibaba’s chairman next year, has spoken with the regard to DLT again. The charismatic founding father of the Chinese...
Kim Kardashian Acquires Her First Physical Bitcoin
One of the most important personalities in the modern beauty and entertainment industries, American-Armenian socialite Kim Kardashian West has got her own...
SEC Official Named Cryptos Which Are Definitely NOT Securities
It seems that there has appeared more clearance regarding cryptos in the US. The country’s SEC representative, appointed to be responsible for cyber assets...
Ethereum’s Co-Founder Speaks Bullish About Market Drop, Diminishing ‘Bubble’ Talks
Last week the market of cyber assets went through an unpleasant turmoil, seeing significant falls in comparison to the first week of March. For example,...
Walmart Wants to Use Blockchain for Shipping Products Simpler
Blockchain keeps winning the hearts of giant retail, transportation and a plethora of other corporations. At the beginning of this year, January technological...
Japanese Exchanges to Firm Regulation, Face Gov’t Probes After $530 mln Hack
A few days ago it was revealed that 500 million NEM, which is approximately $530 million, had been thieved from the Tokyo-based cyber money trading platform...
Why Canada Is So Appealing To Crypto Miners
Asia keeps tying up the market of virtual money. Hence, bitcoin miners look for new places of residence for running the business. Canada is expected to...
Top-5 Changes That Blockchain Can Bring in 2018
The previous year was quite positive regarding adopting blockchain technology as database and tech giants were moving forward in this sphere. Among them,...
Jackson Palmer: The Cryptomarket Is All Wrong
Australian entrepreneur Jackson Palmer is blown away by his cryptocurrency. You can follow him on YouTube . Dog ecoin was created as a joke, but this...
Only 20% of Bitcoins Left To Mine: How Difficult Will It Be?
Bitcoin is entering a new era: times of difficult mining and the high possibility of growth in value. That is all due to one issue. There have been mined...
Decentralized Crypto And Blockchain Market Could Cost $10 trillion – RBC Analyst
On December 3 there was published a fresh report by Royal Bank of Canada’s analyst, which points out that in total crypto, blockchain and decentralization...
Stellar Made More Than 150% Gain For The Year Already
Recently, the crypto-currencies, which were created by the developer Jed McCaleb, demonstrate outstanding performance. First Ripple, whose rate grew by...
Fast and Secure Exchange Between Myriad of Blockchains to be Real
Speedy and secure swapping between various blockchain networks will soon come true as Open Trading Network launches its revolutionary products. Being the...
Altcoin to Invest: Ripple
Ripple is a global settlement system. It has its unique features that distinguish Ripple from other cryptocurrencies. Ripple does not use the blockchain,...