Robinhood, the American online brokerage firm, has just announced the launch of its crypto trading application in Europe. Available since December 7, 2023, Robinhood Crypto allows EU citizens to trade around twenty cryptocurrencies. Bitcoin, Ethereum and Solana are among them. More details in the following sections!
Updated on 07/12/2023 at 20:08
Robinhood Crypto: A No Fee Crypto Trading App
Robinhood was founded in 2013 an online brokerage firm listed on the stock exchange. It is one of the companies that has experienced rapid growth in recent years. Its goal: to make commerce more accessible and affordable to the public.
Robinhood is among the first trading platforms to offer zero commission fees for shares and options. Specifically, the company offers mobile applications for trading:
- exchange-traded fund (ETF),
Robinhood Crypto is Robinhood’s crypto trading app. It has been available since 2018 in the US. A short time ago she arrived in the UK. And since 7 December 2023 it has been available in the EU. European users can therefore download the app from the App Store and Google App from this day onwards.
What are the features of Robinhood Crypto?
The biggest advantage of the Robinhood Crypto app is its competitive fees. Actual users not have to pay commission to sell or buy crypto. This represents a significant saving.
Robinhood Crypto also offers a wide selection of cryptocurrencies. We quote in particular:
Users can therefore access the main cryptocurrencies as well as lesser-known cryptocurrencies.
Bitcoin cashback is undeniably one of the attractive features of the Robinhood Crypto application. Moreover the opportunity to earn bitcoins as a bonus for each sponsorship. These features can help users accumulate bitcoins without having to invest additional money.
Robinhood Crypto Application: What are the upcoming projects?
The company Robinhood is particularly ambitious for its crypto trading application. It plans not only to list more digital coins in 2024, but also to approve outgoing transfers. Robinhood even hopes to launch a cryptocurrency betting service soon.
According to the Robinhood CEO, Robinhood’s list of digital coins is expected to expand to include newer and emerging cryptocurrencies. As for outgoing transfers, they will allow users to withdraw their cryptocurrencies from the application to store them in a personal wallet.
Staking will allow users to earn rewards in crypto by locking their assets in a smart contract.
Regardless, the launch of Robinhood Crypto in Europe is an important milestone for the company. The app offers an attractive alternative to traditional trading platforms with competitive fees and a range of exciting crypto features.