Robinhood Crypto Trading

Robinhood has published a financial report for the second quarter. Thus, the revenue from cryptocurrency transfers amounted to $233 million dollars, which is 4500% more than in the second quarter of last year when it was $5 million, 62% of cryptocurrency-related revenues were accounted for transactions with Dogecoin. In the first quarter, the share of this cryptocurrency was 34%. https://www.globenewswire.com/news-release/2021/08/18/2283084/0/en/Robinhood-Reports-Second-Quarter-2021-Results.html

Robinhood is testing a cryptocurrency wallet function that allows you to send bitcoin and other digital assets, bloomberg reports on Twitter.

Quote from: https://twitter.com/business/status/1440058448712912899

Robinhood has launched a round-the-clock phone support service, the company also says that later users will be able to contact support if they are unable to log in to their account. https://blog.robinhood.com/news/2021/10/5/introducing-247-phone-support

Quote from: https://twitter.com/RobinhoodApp/status/1445389349663780865

Robinhood on Tuesday reported in its Q3 earnings report that its crypto trading revenue fell to $51 million last quarter—78% less than the $233 million it earned in the second quarter, although still significantly higher than the $5 million it earned in Q3 2020.

source: https://decrypt.co/84502/robinhood-dogecoin-revenue

Robinhood and Burger King are giving away Doge, BTC and Eth Burger King will give away one Dogecoin or one Bitcoin or Ethereum for the lucky few-to those who spend $5 in their stores or in their app before November 21. https://decrypt.co/84934/burger-king-dogecoin-ethereum-bitcoin-robinhood

Quote from: https://www.bk.com/crypto

Quote from: Daltonik on November 02, 2021, 03:50:32 PM

Robinhood and Burger King are giving away Dogecoin, Bitcoin and Ethereum Burger King will give away one Dogecoin or one Bitcoin or Ethereum for the lucky few-to those who spend $5 in their stores or in their app before November 21. https://www.bk.com/crypto

This will definately get a lot of peoe in the US interested in crypto. This is good overall but I don't recommend using Robin hood at all for crypto trading. You can only buy and sell through their platfor., ypu can't move the coins ypu buy off site to a local wallet or another exchange, etc. The whole point of crypto is to take control of your own financial situation and not depend on 3rd parties. There are other way better options out there.

Robinhood acknowledged the leak of users' personal data, the incident occurred on November 3. "A third party has unauthorized access to a limited amount of personal information of some of our customers," according to a statement published on the Robinhood blog.

As a result of the incident, the unauthorized party received a list of email addresses for about five million people and full names for another group of about two million people. We also believe that for a more limited number of people — about 310 in total— additional personal information was disclosed, including name, date of birth and zip code, while a subgroup of about 10 customers disclosed more detailed account details.

https://blog.robinhood.com/news/2021/11/8/data-security-incident

Stock virgin here... how to buy crypto in robinhood doesn’t reflect in crypto? Trying to get on this rocket! 🚀🚀💎🚀🚀