Bitcoin Forum

Economy => Marketplace => Topic started by: headingnorth on January 26, 2018, 10:10:03 PM



Title: Popular Robinhood stock trading app to add cryptos in February!
Post by: headingnorth on January 26, 2018, 10:10:03 PM
The Robinhood app currently charges no fees to trade Wall Street stocks. They plan to add an option next month for trading cryptos including bitcoin and ethereum. The app has 6 million users so this could be huge. Best of all there are no fees!



Robinhood, the Investing App for Millennials, to Add Bitcoin and Other Cryptocurrencies

http://fortune.com/2018/01/25/bitcoin-millennials-robinhood-cryptocurrency/


Title: Re: Popular Robinhood stock trading app to add cryptos in February!
Post by: batang_bitcoin on January 26, 2018, 11:22:58 PM
Having no fees will make them more popular. It's a great news actually that they are now in crypto's as well. They are well known in stocks trading, is this the good start of February? After the South Korea's great news, now robinhood will start crypto trading and with no fees. Expect that there will be a massive volume of trades since they have millions of users. Although their start is only available in few states but as stated it will be adopted with other states for the next months.


Title: Re: Popular Robinhood stock trading app to add cryptos in February!
Post by: headingnorth on January 27, 2018, 01:39:07 AM
The first five states to get the service next month:

California, Massachusetts, Missouri, Montana, New Hampshire.

http://blog.robinhood.com/news/2018/1/24/dont-sleep




Lucky for me I'm in Cali. I think its a good idea to start slowly at first or else the flood of traffic could overwhelm their systems. That is a big problem with several crypto exchanges.



Title: Re: Popular Robinhood stock trading app to add cryptos in February!
Post by: BitcoinExpart on January 27, 2018, 01:28:35 PM
Kinda excited, ppl treat Robinhood as killer of coinbase.  ;D

who knows, maybe the future counbase is here and offer buy bitcoin ethereum dash and more Cryptocurrencies with absolutely FREE! Time to ROCK with Robinhood! 


Title: Re: Popular Robinhood stock trading app to add cryptos in February!
Post by: 1Referee on January 27, 2018, 01:53:46 PM
Kinda excited, ppl treat Robinhood as killer of coinbase.  ;D
What people, noobs? Coinbase has nothing to worry about since it's so heavily involved in various aspects of this ecosystem. To add; Robinhood only allows US and Australian citizens to make use of its app. It might roll out further into more countries, but it will take some time. If Robinhood would be able to 'kill' Coinbase, it should have 'killed' other stock brokers a good while ago already. This app allows noobs to play around with stocks and whatnot, but offers nothing for professional traders. It's too basic, but that's why the average person likes it so much. They just want to make a fiat deposit, buy the stocks or whatever they think will increase in value, and they got it. It's definitely a convenience service enjoying popularity. Good thing is that it makes crypto more accessible, so that I am definitely happy with.