I got hooked and made some (a nice amount) of money when I put a few hundred dollars in Robinhood, the no-fees model makes buying and selling cheap and easy, so it was fun to use and cheap too.
Is there anything similar where I can do the same with my BTC? I am fine with minimal fees, but is there a place or way where I can buy/sell from BTC to USD or something similar, where it doesn't become expensive if I use it a lot? Are there any Robinhood-type exchanges or places to trade in the world of Crypto and take advantage of the market fluctuating?
Is there anything similar where I can do the same with my BTC? I am fine with minimal fees, but is there a place or way where I can buy/sell from BTC to USD or something similar, where it doesn't become expensive if I use it a lot? Are there any Robinhood-type exchanges or places to trade in the world of Crypto and take advantage of the market fluctuating?
Robinhood has already begun offering commission-free BTC trading too. I think they also offer ETH and maybe some other coins too. It uses the same model as their stock-trading platform. See here.
It's available in these states:
Quote
Robinhood Crypto is now available in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Indiana, Illinois, Iowa, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming.
Commission-free trading usually just means they're taking profit off the spread. You're usually buying at a slightly higher price or selling at a slightly lower price than you could on some other exchanges. I recommend using Coinbase Pro. It offers commission-free trading when you use limit orders.
