Hazeey (OP)
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January 25, 2018, 05:15:27 PM
Last edit: January 26, 2018, 03:44:13 AM by Hazeey |
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The popular US based stock trading app, Robinhood, is planning to launch a fee-free crypto trading platform in February of this year for a select few states in the US and will expand to other states over time. I believe they are only offering BTC and ETH at this time. This could be a real game changer in the crypto world for people in the US once Robinhood gets this going. Here is a link to get on the waitlist https://crypto.robinhood.com/Consider signing up through my referral (dm me) or someone else you know so that you can get a free share of a stock worth $5 to $190 If not using a referral link for free stock then the main website homepage is here https://www.robinhood.com/*Reminder* This is US only. You must be a US citizen to create an account with Robinhood. Also as a side note this is NOT anything like a crypto exchange in the traditional sense many of you are used to. This is a US based stock trading brokerage that is expanding into the crypto world after being established for 5 years as a company in the United States. They are worth 1.3 billion dollars here in the US and have millions of users. If you were to use any type of crypto comparison to them the only ones that even come close are Coinbase and Gemini. |
https://stakeunited.com/stixx
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drakegon
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January 25, 2018, 06:37:42 PM |
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The popular US based stock trading app, Robinhood, is planning to launch a fee-free crypto trading platform in February of this year for a select few states in the US and will expand to other states over time. I believe they are only offering BTC and ETH at this time. This could be a real game changer in the crypto world for people in the US once Robinhood gets this going. Here is a link to get on the waitlist https://crypto.robinhood.com/Consider signing up through my referral (dm me) or someone else you know so that you can get a free share of a stock worth $5 to $190 That is very good! More and more potential investors will hear about Bitcoin and crypto currencies. This is a tiny step, but necessary, twards world crypto domination. |
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Hazeey (OP)
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January 25, 2018, 06:49:36 PM |
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The popular US based stock trading app, Robinhood, is planning to launch a fee-free crypto trading platform in February of this year for a select few states in the US and will expand to other states over time. I believe they are only offering BTC and ETH at this time. This could be a real game changer in the crypto world for people in the US once Robinhood gets this going. Here is a link to get on the waitlist https://crypto.robinhood.com/Consider signing up through my referral (dm me) or someone else you know so that you can get a free share of a stock worth $5 to $190 That is very good! More and more potential investors will hear about Bitcoin and crypto currencies. This is a tiny step, but necessary, twards world crypto domination. Yeah, this is huge for the US and crypto world. People not having to pay a fee to buy or sell their coins should draw in a lot of new people to the crypto world that were turned off from Coinbase or other exchanges high fees. Robinhood is also federally insured and SEC compliant so there are no worries about getting your fiat out to your bank when trading through Robinhood |
https://stakeunited.com/stixx
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ViktorTroshka
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January 25, 2018, 07:17:23 PM |
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For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
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pr3m0nition
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January 25, 2018, 07:37:33 PM |
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For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
Robin hood already has a large infrastructure built out around the current trading platform for stocks. I am sure if they offer a mobile exchange that is stable, They will have a massive amount of people flocking to trade crypto, Especially from their phone. |
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glennmatthew
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January 25, 2018, 07:43:40 PM |
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Guys, Is it a coincidence that this is called Robinhood? COBINHOOD is already doing all that you described above. Their COB token also gives some pretty nice bonuses, like period airdrop of new tokens. Trading with zero-fee https://bitcointalk.org/index.php?topic=2169745.0https://cobinhood.com/For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it) |
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patt0
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January 25, 2018, 07:50:10 PM |
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Hmm I've heard about this and I've read the article and these are exciting news but are you sure about those links you are posting? The website https://crypto.robinhood.com/ is not mentioned anywhere in the article or the official website https://www.robinhood.com/ so I'm not sure that link is official. Where did you get it? About the news itself, I also find it very interesting and I hope the expand to Europe, but I would love to trade with no fees. |
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Beerwizzard
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January 25, 2018, 08:01:28 PM |
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I would never trust my money neither to robinhood nor to cobinhood. The original Robin Hood has been taking money from rich people and giving it away to the poor ones which makes me feel a hidden meaning in the name of the project. That will be funny if this project will decide to scam its followers one day or it just get "hacked". The fact that there exist a similar project with a similar name makes it look suspicious. P.S. You should move this thread to the service discussion board: https://bitcointalk.org/index.php?board=85.0 |
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Hazeey (OP)
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January 25, 2018, 08:32:53 PM
Last edit: January 25, 2018, 08:47:24 PM by Hazeey |
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Guys, Is it a coincidence that this is called Robinhood? COBINHOOD is already doing all that you described above. Their COB token also gives some pretty nice bonuses, like period airdrop of new tokens. Trading with zero-fee https://bitcointalk.org/index.php?topic=2169745.0https://cobinhood.com/For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it) Cobinhood is actually a copy-cat of Robinhood not the other way around. Robinhood is huge in the US and has been around for a long time. It is federally insured and SEC compliant in the US meaning they can't just walk away with your money. Cobinhood is shit in comparison to Robinhood, no offense. This isn't an ICO or any other type of money grab exchange, Robinhood is actually the real deal. It is valued at over 1.3 billion dollars in the United States right now as a company and has been around for 5 years. |
https://stakeunited.com/stixx
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cptdome1
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January 25, 2018, 08:33:56 PM |
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I believe that only a few US States will allow Crypto purchases for Robinhood.
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glennmatthew
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January 25, 2018, 08:34:54 PM |
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I would never trust my money neither to robinhood nor to cobinhood. The original Robin Hood has been taking money from rich people and giving it away to the poor ones which makes me feel a hidden meaning in the name of the project. That will be funny if this project will decide to scam its followers one day or it just get "hacked". The fact that there exist a similar project with a similar name makes it look suspicious. P.S. You should move this thread to the service discussion board: https://bitcointalk.org/index.php?board=85.0It is foolish to assume that an established exchange will not pull an exit scam. If the founders of any current top 20 or even top 50 exchange pull a fast one, they will never have to check their bank account again. Living a comfortable life in Mexico, Hawaii, or the moon. My rule of thumb is to never hold funds on exchanges, deposit, trade, withdraw. PS. Well if we are judging exchanges by their names, then what is special about the Legolas exchange which is in your signature?  |
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glennmatthew
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January 25, 2018, 08:36:16 PM |
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Guys, Is it a coincidence that this is called Robinhood? COBINHOOD is already doing all that you described above. Their COB token also gives some pretty nice bonuses, like period airdrop of new tokens. Trading with zero-fee https://bitcointalk.org/index.php?topic=2169745.0https://cobinhood.com/For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it) Cobinhood is actually a copy-cat of Robinhood not the other way around. Robinhood is huge in the US and has been around for a long time. It is federally insured and SEC compliant in the US meaning they can't just walk away with your money. Cobinhood is shit in comparison to Robinhood, no offense Good to know - thanks! I'll keep an eye on it. Is that insurance only for US citizens, or does that insurance cover international users too? |
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geo43
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January 25, 2018, 08:39:43 PM |
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Great for the US market. Robinhood has been around for 5 years and has a great reputation for making stock investing accesible to a younger demographic. Its already valued at $1.3 billion. Cobinhood is a copycat of this app. |
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Hazeey (OP)
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January 25, 2018, 08:40:04 PM |
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I would never trust my money neither to robinhood nor to cobinhood. The original Robin Hood has been taking money from rich people and giving it away to the poor ones which makes me feel a hidden meaning in the name of the project. That will be funny if this project will decide to scam its followers one day or it just get "hacked". The fact that there exist a similar project with a similar name makes it look suspicious. P.S. You should move this thread to the service discussion board: https://bitcointalk.org/index.php?board=85.0Good luck "scamming" the US government LOL Robinhood is federally insured and SEC compliant in the United States. There will never be any type of exit scam by Robinhood, because it is not possible. This is not an exchange or any other type of shitcoin ICO. This is a US based brokerage firm that has been around for a long time now offering stock/options trading and now they are expanding into crypto. |
https://stakeunited.com/stixx
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Hazeey (OP)
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January 25, 2018, 08:46:37 PM |
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Guys, Is it a coincidence that this is called Robinhood? COBINHOOD is already doing all that you described above. Their COB token also gives some pretty nice bonuses, like period airdrop of new tokens. Trading with zero-fee https://bitcointalk.org/index.php?topic=2169745.0https://cobinhood.com/For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it) Cobinhood is actually a copy-cat of Robinhood not the other way around. Robinhood is huge in the US and has been around for a long time. It is federally insured and SEC compliant in the US meaning they can't just walk away with your money. Cobinhood is shit in comparison to Robinhood, no offense Good to know - thanks! I'll keep an eye on it. Is that insurance only for US citizens, or does that insurance cover international users too? Unfortunately, the firm has not expanded internationally so only US based customers can trade here. You wouldn't be able to create an account unless you were a US citizen because they have to comply with US rules and regulations to offer securities trading. They have talked about expanding to Canada and some European countries in the future. |
https://stakeunited.com/stixx
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Hazeey (OP)
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January 25, 2018, 08:54:04 PM |
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Hmm I've heard about this and I've read the article and these are exciting news but are you sure about those links you are posting? The website https://crypto.robinhood.com/ is not mentioned anywhere in the article or the official website https://www.robinhood.com/ so I'm not sure that link is official. Where did you get it? About the news itself, I also find it very interesting and I hope the expand to Europe, but I would love to trade with no fees. I was a bit confused by this as well when I first saw it, but if you go to Robinhood's main page and click on the "support" area it now shows a new tab with Crypto trading and all the information on it. I also linked the blog post from Robinhood in the 2nd post of this thread with more details on it if you wanted to check that out. Yeah unfortunately it is only offered in the United States right now. There has been a lot of talk about expanding to Canada and eventually Europe once they get all the features added and running flawlessly |
https://stakeunited.com/stixx
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btcCoincart
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January 25, 2018, 09:00:57 PM |
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Ooops I saw crypto before the link, are you sure this is official?
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Hazeey (OP)
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January 25, 2018, 09:02:45 PM |
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Ooops I saw crypto before the link, are you sure this is official?
Yep, check the blog post http://blog.robinhood.com/news/2018/1/24/dont-sleep#You can also go on your Robinhood app and add a bunch of crypto to your watchlist |
https://stakeunited.com/stixx
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jmlona
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January 25, 2018, 09:23:29 PM |
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Any new exchange will always be good for crypto, especially one that already has an established user base and offers zero fees. It will be interesting however to see if they are one of those exchanges that claims to offer zero fees but that's because they make up all of their profit by offering very low exchange rates.
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