Topic: Robinhood Crypto Trading (Read 1078 times)
Stock virgin here... how to buy crypto in robinhood doesn’t reflect in crypto? Trying to get on this rocket! 🚀🚀💎🚀🚀
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
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
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 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
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
source: https://decrypt.co/84502/robinhood-dogecoin-revenue
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
Robinhood is testing a cryptocurrency wallet function that allows you to send bitcoin and other digital assets, bloomberg reports on Twitter.
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 acquired Say Technologies for $140 million. This was the first major purchase of the company since the public offering of shares held in July. The service helps investors to build communication with companies whose shares they buy. Users of the Say Technologies platform can also vote at shareholders ' meetings with the help of proxies. As part of the deal, the company will provide its platform to Robinhood customers. https://blog.robinhood.com/news/2021/8/10/say-technologies-is-joining-robinhood
Robinhood is developing tools to protect users from the volatility of the cryptocurrency market. This is reported by Bloomberg with reference to the code found in the test version of the application for iOS devices. The code states that the application will notify the user when this happens, and will not spend more than the specified amount from the balance. https://www.bloomberg.com/news/articles/2021-07-27/robinhood-working-on-feature-to-let-users-invest-spare-change?sref=3REHEaVI
Robinhood intends to expand its offer in the field of digital assets, as it considers cryptocurrencies to be the cornerstone of its future development. This was stated by the head of the company Vlad Tenev at a road show in preparation for the IPO, Business Insider reports. https://www.businessinsider.com/robinhood-ceo-says-users-can-expect-crypto-features-at-some-point-2021-7
Quote from: https://www.youtube.com/watch?v=FPJS7tHjb9I
Robinhood reports a decrease in revenue from operations with cryptocurrencies in the submitted S-1 application for the SEC. The reasons for the deterioration are a decrease in the trading activity of clients, including due to the beginning of the holiday season, as well as the lifting of previously imposed restrictions due to the COVID-19 pandemic. https://www.sec.gov/Archives/edgar/data/0001783879/000162828021013318/robinhoods-1.htm
Limiting just for US-based only would make others outside the US feel left out it should have been opened to all so we all can partake in this amazing offer because many outside the US would have loved to use their trading platform since the offer crypto trading as well even as a pure stock brooker
Robinhood Crypto will pay a fine of $15 million imposed by the state of New York. This applies to the Robinhood division, known as RHC, which focuses primarily on anti-money laundering and cybersecurity issues. Robinhood also notes that the company and the New York regulator recently reached an agreement in principle and that RHC will pay a monetary fine and attract an observer.
Robinhood has revealed its financial performance in the run-up to the IPO, which has implications for both the stock and the crypto market. Robinhood intends to raise up to $ 100 million as part of the IPO process and will place its shares on the Nasdaq stock exchange under the ticker symbol HOOD. Crypto assets held by the company on behalf of clients grew from $480 million to $11.6 billion over the year. https://decrypt.co/74882/robinhood-ipo-s1
A significant part of the recent growth in our net income received from operations with cryptocurrencies is accounted for by operations with Dogecoin.
A significant part of the recent growth in our net income received from operations with cryptocurrencies is accounted for by operations with Dogecoin.
Robinhood has agreed with the US Financial Industry Regulatory Authority (FINRA) to pay $70 million to settle claims against the company. In a statement, FINRA said about " systematic failures in terms of supervision and control and significant damage suffered by millions of customers." $57 million of this amount is a fine that Robinhood will pay to FINRA, and the service will pay another $12.6 million as compensation to customers. This is a record fine imposed by FINRA. https://www.wsj.com/articles/robinhood-agrees-to-pay-70-million-to-settle-regulatory-investigation-11625063765?mod=mhp
Robinhood plans to hold an IPO before July 4. The listing previously scheduled for June had to be postponed due to the SEC's study of its business related to cryptocurrencies, so, according to Bloomberg, the platform's entry into the stock market may eventually take place no earlier than autumn. https://www.bloomberg.com/news/articles/2021-06-24/robinhood-ipo-plans-said-to-be-slowed-by-sec-review
Robinhood will be able to withdraw cryptocurrencies to third-party wallets. This was stated in an interview with Decrypt by the company's chief operating officer, Kristin Brown.
The top manager declined to give a specific time frame for the implementation of the initiative, but added that the recent collapse in the market will not affect it. Robinhood Crypto plans to add stock trading in the future. https://decrypt.co/71918/robinhood-will-soon-let-you-move-your-dogecoin-says-crypto-coo
The top manager declined to give a specific time frame for the implementation of the initiative, but added that the recent collapse in the market will not affect it. Robinhood Crypto plans to add stock trading in the future. https://decrypt.co/71918/robinhood-will-soon-let-you-move-your-dogecoin-says-crypto-coo
Yesterday, Robinhood experienced failures in the service, according to the company, this happened due to "unprecedented" trading volumes, the last time this was observed in early March, now it is associated with an unprecedented increase in trading on Doge, at the moment the platform is working normally. https://status.robinhood.com/
The number of users of the Robinhood mobile app for cryptocurrency trading in the first three months of this year increased from 1.7 million to 9.5 million, the app launched three years ago supports Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic and Litecoin trading.
The FTX derivatives exchange has added futures contracts for the future value of Robinhood shares to the listing. The tool under the HOOD ticker allows traders to speculate on the exchange rate of securities before their public offering on the stock exchange (IPO)
Robinhood has filed an application for an initial public offering on Form S-1 with the US Securities and Exchange Commission (SEC). https://blog.robinhood.com/news/2021/3/23/robinhood-markets-inc-confidentially-submits-draft-registration-statement
According to Bloomberg sources, the placement may take place in the second quarter after the completion of the SEC review and if there are favorable market conditions. https://www.bloomberg.com/news/articles/2021-03-23/robinhood-is-said-to-have-filed-confidentially-for-u-s-ipo?sref=vuYGislZ
According to Bloomberg sources, the placement may take place in the second quarter after the completion of the SEC review and if there are favorable market conditions. https://www.bloomberg.com/news/articles/2021-03-23/robinhood-is-said-to-have-filed-confidentially-for-u-s-ipo?sref=vuYGislZ
"The company said in a statement Tuesday that it had submitted its filing to the U.S. Securities and Exchange Commission, confirming an earlier report by Bloomberg. Robinhood could go public as soon as late in the second quarter but the timing could change, said a person familiar with the matter who asked to not be identified because it wasn’t public"
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.
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.
Almost all apps saying that they are safe and secure but in the end or in reality is not. This is most often happened here
in crypto space. Honestly, I would rather to use the platform were it was already proven and tested in the market already.
Unlike Robinhood and Cobinhood. But this is just a thought for me anyway.
For whose cash will the trade exist? Who will pay for the hardware, workers. It additionally requires significant expenses for security and work force. In all probability it's simply a promoting move to draw in new clients. In any case, inevitably an expense will be presented and the trade will transform into the standard one.
The Robinhood platform plans to privately file an initial public offering (IPO) in March. Bloomberg reports
Last week the company discussed the possibility of an initial public offering in the coming weeks. Until the final decision is made, the exact timing of the IPO is unknown.
Last week the company discussed the possibility of an initial public offering in the coming weeks. Until the final decision is made, the exact timing of the IPO is unknown.
But if you can't move the crypto you've bought it's a useless platform, just like every CFD out there. Did I read it wrong? I hope so, cause that would be a huge missed occasion. And the market needs new users.
Looks like Jay Z has put some money into Robinhood (as an investor in the start up, not into crypto):
http://www.craveonline.com/music/1372079-jay-z-invests-stock-crypto-trading-app-robinhood
http://www.craveonline.com/music/1372079-jay-z-invests-stock-crypto-trading-app-robinhood
Quote
The reason why Jay Z is still among the richest rappers in the world is that he keeps making smart investments that help his fortune grow. His latest investment into an app called Robinhood seems to be yet another good choice that will no doubt pay off in the future. This announcement came through his start-up company called “Arrive” that Jay Z founded about a year ago.
you can still monitor and track market data for all 16 cryptocurrencies in the Robinhood app. You'll also have access to a new feed, which gives users a way to talk about cryptocurrency, news and market swings in real time with other folks on the system. Robinhood Feed is only available to a limited number of people, however, so you'll need to update the app to see if you're one of them.
with plans to expand to many more states later.
with plans to expand to many more states later.
This might not be as great news as every one thinks:
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
This is just a random person's opinion on the topic, but it's always good to hear different opinions from your own. I decided to read through the article and basically the guy concluded that Robinhood will likely the the BEST place to buy crypto from in the near future. His article just touched on some points for why it could hurt rookie traders that just use market orders and he questioned if they would be able to handle the influx of new users for crypto. He did fail to mention that it is only rolling out in 5 states to begin with so there wont be nearly as high of a number of signups as it says on the waitlist page until it is rolled out to more states in the US.
It seems our conclusions are quite different. There is lot of information but maybe not explained very well.
For one, Robinhood's apparent use of the word "market order" is confusing even for a non-rookie. I personally have never seen people saying market orders but actually it was a limit order. What are other exchanges/markets which does this?
Second, Robinhood not having it's own exchange market is worrying because they have to rely on latency between their platform and the connecting exchanges. So only limit orders which are far out/in the money will work well. If the market is moving too fast this is a recipe for disaster.
On the same topic, if the exchanges are down, something which happens quite frequently, Robinhood is going to be out of commission too. So the reliability is also questionable.
"I dare say it might be even the best platform for cryptocurrency, provided trade execution between Robinhood and cryptocurrency exchange is good."
Direct quote from the article. I understand the concerns he brings up but we can't be negative about it before the crypto market even opens. The only legitimate concern is Robinhood not having its own exchange market. Who will they use? How will they respond when these exchanges are down? Those are some very important questions that Robinhood will need to answer.
For your "market order" question, a market order is when you just set a "buy" at whatever the current price of the crypto is. This could potentially be a disaster to newer investors that don't realize crypto can swing 5-10% in seconds so they could get a very bad fill on their market order. However, no one should ever use a market order in any market. You should always set a limit order to get filled at the price you want to get filled at and not what the current market rate gives you.
This might not be as great news as every one thinks:
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
This is just a random person's opinion on the topic, but it's always good to hear different opinions from your own. I decided to read through the article and basically the guy concluded that Robinhood will likely the the BEST place to buy crypto from in the near future. His article just touched on some points for why it could hurt rookie traders that just use market orders and he questioned if they would be able to handle the influx of new users for crypto. He did fail to mention that it is only rolling out in 5 states to begin with so there wont be nearly as high of a number of signups as it says on the waitlist page until it is rolled out to more states in the US.
It seems our conclusions are quite different. There is lot of information but maybe not explained very well.
For one, Robinhood's apparent use of the word "market order" is confusing even for a non-rookie. I personally have never seen people saying market orders but actually it was a limit order. What are other exchanges/markets which does this?
Second, Robinhood not having it's own exchange market is worrying because they have to rely on latency between their platform and the connecting exchanges. So only limit orders which are far out/in the money will work well. If the market is moving too fast this is a recipe for disaster.
On the same topic, if the exchanges are down, something which happens quite frequently, Robinhood is going to be out of commission too. So the reliability is also questionable.
This news does sound impressive. Are there really over 1,000,000 people waiting in the que?
DO you actually own your cryptos if you use this app?
DO you actually own your cryptos if you use this app?
Yes, the waitlist stopped counting at 1 million signups.
Also yes, this will basically be a US only version of Coinbase without any fees to buy and sell crypto. In the beginning only ETH and BTC will be available to buy and sell though
This might not be as great news as every one thinks:
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
This is just a random person's opinion on the topic, but it's always good to hear different opinions from your own. I decided to read through the article and basically the guy concluded that Robinhood will likely the the BEST place to buy crypto from in the near future. His article just touched on some points for why it could hurt rookie traders that just use market orders and he questioned if they would be able to handle the influx of new users for crypto. He did fail to mention that it is only rolling out in 5 states to begin with so there wont be nearly as high of a number of signups as it says on the waitlist page until it is rolled out to more states in the US.
This is crazy the number of people lining up to get registered on this exchange, good to have more exchanges open their arms to new users but the most important thing is to protect investors fund which most of them seems not to know how to do
This news does sound impressive. Are there really over 1,000,000 people waiting in the que?
DO you actually own your cryptos if you use this app?
DO you actually own your cryptos if you use this app?
This might not be as great news as every one thinks:
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
https://medium.com/@smith.garg/is-robinhood-crypto-really-going-to-be-zero-commission-523d22df97f4
Great news. I hope this will positively affect the price of bitcoin. This addition to this platform will make bitcoin even more popular. And this is very good, because now bitcoin needs fresh money injections.
can't wait for this to be rolled out in the UK, definitely need this as opposed to coinbase and their hefty fees!
I always wondered how does their commission free stock trading work, do they just charge a higher spread?
They sell order flow to exchanges, invest dormant money, and offer premium services like Robinhood Gold that give you faster settlement/deposit times as well as higher margin.
It isn't always possible to tell if you're getting a perfect fill on market orders due to the spreads changing so rapidly and Robinhood not offering live quotes. If I ever trade on Robinhood, I always have another account pulled up with a different broker where I can view live quotes. I also never use market orders
I always wondered how does their commission free stock trading work, do they just charge a higher spread?
Also interested.
Will definitely be looking at how this progresses.
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://cobinhood.com/
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it)
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://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?
Robinhood did not show how they create "no fees" bonus. Who paid for that trick?
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I always wondered how does their commission free stock trading work, do they just charge a higher spread?
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.
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.
Is Robinhood an altruist? Where they found money for transaction fees? Or that is trick? So many questions...
They've made it work for their stock trading brokerage by selling order flow to exchanges, investing dormant money, and offering premium services that are pay-by-month like Robinhood Gold. I'd imagine they will continue you do these things with crypto and will eventually start adding more premium services and increase the margin rates for using their cash.
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.
It wasn't exactly detailed how they would be making money from crypto. They make it work with stocks by selling order flow to exchanges and using idle money for investment
They've actually had commission free stock trading for the past 5 years have have never wavered on their business model even as the company has grown to be worth over 1.3 billion dollars today. I don't see them ever adding commissions, but I think they'll add in more premium services and higher margin rates over time in order to increase their income.
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.
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.
Is Robinhood an altruist? Where they found money for transaction fees? Or that is trick? So many questions...
It is definitely good news, I got into trading stocks on robinhood before I got into cryptocurrencies.
Hopefully this will help the mainstream get into crypto even faster.
Hopefully this will help the mainstream get into crypto even faster.
Almost a million people on the waitlist. Definitely going to be good thing for adoption when it goes live. I do wonder how many of those on the waitlist are actually in the initial 5 states it is launch in though.
This is going to be very big game changer for crypto markets. February will see great bull run. I think if this could be global free free trading it would be uber awesome advertisement for cryptocurrencies.
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.
It wasn't exactly detailed how they would be making money from crypto. They make it work with stocks by selling order flow to exchanges and using idle money for investment
Well they are not really an exchange.
https://techcrunch.com/2018/01/25/free-cryptocurrency-trading-app/
says:
When you place a buy or sell order, Robinhood gives you an estimated price, connects to a slew of trading venues, exchanges, and market centers to find the lowest price, and uses its economies of scale to improve to score better prices over time. To counter market volatility, Robinhood puts a “collar” around your trade so if it can’t execute it at close to the estimated price, it waits for the price to return or lets you know.
Anyone knows what these exchanges might be? they are also showing prices for other currencies. Any ideas on how those prices are being derived.
https://techcrunch.com/2018/01/25/free-cryptocurrency-trading-app/
says:
When you place a buy or sell order, Robinhood gives you an estimated price, connects to a slew of trading venues, exchanges, and market centers to find the lowest price, and uses its economies of scale to improve to score better prices over time. To counter market volatility, Robinhood puts a “collar” around your trade so if it can’t execute it at close to the estimated price, it waits for the price to return or lets you know.
Anyone knows what these exchanges might be? they are also showing prices for other currencies. Any ideas on how those prices are being derived.
This is going to be a massive regulatory nightmare - granted I like the company and the fact that they are all about crypto and such - it was only a matter of time, but can you imagine the headache these people have coming?
Its probably got to do with a partnership with someone like coinbase or something - they must have finagled a way to use some existing system, thats one of the only ways this could be cost effective
Its probably got to do with a partnership with someone like coinbase or something - they must have finagled a way to use some existing system, thats one of the only ways this could be cost effective
Yeah, I'm not exactly sure where they are planning to get their initial supply of coins for people to purchase. I'd imagine they won't start it out as peer to peer type buy/sell until they are able to expand across the whole US. It will be interesting to watch how this unfolds. They've been making it work with stocks for the last 5 years so I'm sure they have a ton of ideas up their sleeves that are within US rules and regulations to make profits from crypto as well.
I'd also think that the US government would actually be happy about this because Robinhood is required to send out tax forms on an annual basis and report capital gains to the IRS. The government will be able to track crypto buys/sells much easier now here in the US through a company that is required to comply with the government.
It's a very good news to the crypto industry because big players comming inside crypto world boosts the wall Street guys into crypto ecosystem
This is going to be a massive regulatory nightmare - granted I like the company and the fact that they are all about crypto and such - it was only a matter of time, but can you imagine the headache these people have coming?
Its probably got to do with a partnership with someone like coinbase or something - they must have finagled a way to use some existing system, thats one of the only ways this could be cost effective
Its probably got to do with a partnership with someone like coinbase or something - they must have finagled a way to use some existing system, thats one of the only ways this could be cost effective
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.
THIS might be interesting idk 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.
You can place an order to buy or sell cryptocurrency with USD amount (above $ 0.10 USD for BTC, and above $ 0.01 USD for ETH), or in the amount of fractional cryptocurrency (above 0.00001 BTC, or 0.001 ETH) .
You do not have enough purchasing power to trade. Cryptocurrencies can not be transferred and can not be counted as collateral, so you must have enough money in your account to place an order.
You do not have enough equity to reach your minimum margin. If you have a Gold account, you will not be able to place a crypto order in your Robinhood Crypto account if it causes you to fall below the maintenance of margin or minimum balance in your Gold account. Also, in a Robinhood or Gold account, you can not place a trade that will cause you to fall below the minimum trading equity of your day pattern. You can find more information about this scenario in our article buying gold.
You do not have enough purchasing power to trade. Cryptocurrencies can not be transferred and can not be counted as collateral, so you must have enough money in your account to place an order.
You do not have enough equity to reach your minimum margin. If you have a Gold account, you will not be able to place a crypto order in your Robinhood Crypto account if it causes you to fall below the maintenance of margin or minimum balance in your Gold account. Also, in a Robinhood or Gold account, you can not place a trade that will cause you to fall below the minimum trading equity of your day pattern. You can find more information about this scenario in our article buying gold.
Any competition to Coinbase is a good thing. If they can stand true to their promise of fee-less transaction then it'll put Coinbase on notice. Right now, to get fiat into a trading platform can cost upwards to 10% (after purchase and transfer fee.)
Wow this is quite interesting news, I honestly never heard of such an exchange or how to properly call it Robin Hood, Strange of course, and why they are not in the announcement section? They did not collect money to create a platform? Verification is carried out there?
This isn't a new crypto exchange. This is an established company in the United States that has been in business for the past 5 years. They are a brokerage firm that is expanding into the crypto field.
Think of Robinhood as a competitor with places like Coinbase, Gemini, etc. It is also US only for registration so it's probably not as widely known around here but it is valued at over 1.3 billion dollars here in the United States as a company
Wow this is quite interesting news, I honestly never heard of such an exchange or how to properly call it Robin Hood, Strange of course, and why they are not in the announcement section? They did not collect money to create a platform? Verification is carried out there?
I've had a Robinhood account for a while so this would be sweet. Hope they do this. Coinbase makes 2.1 mill in profits daily, probably increasing. They can afford to share. Competition is always good.
This is a good news.
Because Robinhood will let you buy and sell bitcoin and etherium without any added transaction fees compared to coinbase 1.5 to 4 percent fees in the US.
This company is adding a two factor authentication options including integration with authenticator apps to insure people don't get their wallets stolen and dumped and robinhood also let all users to track the price,news and set up alerts on those top currencies like litecoin and ripple.
Because Robinhood will let you buy and sell bitcoin and etherium without any added transaction fees compared to coinbase 1.5 to 4 percent fees in the US.
This company is adding a two factor authentication options including integration with authenticator apps to insure people don't get their wallets stolen and dumped and robinhood also let all users to track the price,news and set up alerts on those top currencies like litecoin and ripple.
Yep this will be huge for widespread information about Crypto in the United States as well. People in the US are a little less inclined to give away all their information to a place like Coinbase that isn't regulated by the US government. Robinhood has to comply to US rules and regulations which will ensure their clients money. As we have seen with Coinbase, they can just hold your money hostage for weeks/months before even answering a simple support ticket. Hopefully this will also scare these companies like Coinbase and Gemini to get their act together or lose all their US based customers.
This is a good news.
Because Robinhood will let you buy and sell bitcoin and etherium without any added transaction fees compared to coinbase 1.5 to 4 percent fees in the US.
This company is adding a two factor authentication options including integration with authenticator apps to insure people don't get their wallets stolen and dumped and robinhood also let all users to track the price,news and set up alerts on those top currencies like litecoin and ripple.
Because Robinhood will let you buy and sell bitcoin and etherium without any added transaction fees compared to coinbase 1.5 to 4 percent fees in the US.
This company is adding a two factor authentication options including integration with authenticator apps to insure people don't get their wallets stolen and dumped and robinhood also let all users to track the price,news and set up alerts on those top currencies like litecoin and ripple.
I'm still waiting for verification on cobinhood. Same story as will other exchanges. Takes ages to get verified to lvl 2. Why create another exchange with same frustrated customer experience? It little off-topic, I see. But is it so hard to hire computer vision and ML expert to train AI for verification? Right now it seems like some slow kid doing this job part-time on MOST of the exchanges 
This is nothing like cobinhood in any way shape or form. Cobinhood tried to copy Robinhood's business model of offering fee free trading and that is the only relation these two have. Robinhood is a company worth over 1.3 billion dollars in the United States and has been around for 5 years. It is not a "crypto exchange" it is a well established stock trading platform that is expanding into the crypto space for its investors.
I'm still waiting for verification on cobinhood. Same story as will other exchanges. Takes ages to get verified to lvl 2. Why create another exchange with same frustrated customer experience? It little off-topic, I see. But is it so hard to hire computer vision and ML expert to train AI for verification? Right now it seems like some slow kid doing this job part-time on MOST of the exchanges
does this means that people who are from other country are not eligible to participate on the registration..
and is the exchange going to be used by US citizens only?
and is the exchange going to be used by US citizens only?
Only US citizens right now. They plan to start moving into other countries in the next few years likely starting with Canada
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.
It wasn't exactly detailed how they would be making money from crypto. They make it work with stocks by selling order flow to exchanges and using idle money for investment
They have premium services called Robinhood Gold, I guess they'll make profit from that, don't know exactly how they would implement that to cryptocurrency trading though.
does this means that people who are from other country are not eligible to participate on the registration..
and is the exchange going to be used by US citizens only?
and is the exchange going to be used by US citizens only?
Currently, yes. It's only planned for 5 states at the moment as well.
And hopefully, in no distant time, Robinhood will go global. I'm sure that be their vision. Good one for BTC and Altcoins.
I already trade with Robinhood and love it. I’m excited for this.
does this means that people who are from other country are not eligible to participate on the registration..
and is the exchange going to be used by US citizens only?
and is the exchange going to be used by US citizens only?
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.
It wasn't exactly detailed how they would be making money from crypto. They make it work with stocks by selling order flow to exchanges and using idle money for investment
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.
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
Ooops I saw crypto before the link, are you sure this is official?
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.
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
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://cobinhood.com/
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it)
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://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.
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
P.S. You should move this thread to the service discussion board: https://bitcointalk.org/index.php?board=85.0
Good 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.
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.
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://cobinhood.com/
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it)
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://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?
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
P.S. You should move this thread to the service discussion board: https://bitcointalk.org/index.php?board=85.0
It 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?
I believe that only a few US States will allow Crypto purchases for Robinhood.
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://cobinhood.com/
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it)
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://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.
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
P.S. You should move this thread to the service discussion board: https://bitcointalk.org/index.php?board=85.0
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.
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.
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://cobinhood.com/
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it)
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://bitcointalksearch.org/topic/ann-cobinhood-zero-trading-fee-cryptocurrency-exchange-2169745
https://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)
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.
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.
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
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
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
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.
Here is a blog post from Robinhood with more information on this
http://blog.robinhood.com/news/2018/1/24/dont-sleep#
http://blog.robinhood.com/news/2018/1/24/dont-sleep#
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.
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.
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