The Robinhood Crypto app now helps bitcoin money (BCH) and litecoin (LTC) buying and selling. Thanks to including the cryptocurrency service, the app has achieved speedy progress and is now boasting a consumer base of 5 million individuals, up from simply three million earlier than.
BCH and LTC on Robinhood
Robinhood Financial LLC, the Palo Alto-headquartered US shares brokerage app, has introduced as we speak that it added help for buying and selling two new cryptocurrencies to its buying and selling app. bitcoin money (BCH) and litecoin (LTC), which have been beforehand simply tracked. The two cryptocurrencies at the moment are out there for reside buying and selling on Robinhood Crypto alongside the earlier two choices, BTC and ETH.
The firm said that: “Since we launched Robinhood Crypto in February, our customers have voiced interest in buying and selling other cryptocurrencies beyond Bitcoin and Ethereum. We’re happy to share that starting today, you can buy and sell Litecoin and Bitcoin Cash, commission-free.”
From Three to Five Million Users
Robinhood Crypto is presently out there in seventeen states: AZ, CA, CO, FL, IN, MA, MI, MS, MO, MT, NJ, NM, PA, TX, UT, VA, and WI. And the corporate revealed that it plans to additional increase its cryptocurrency choices and additionally add help for coin transfers. Besides the 4 cash that the corporate’s cryptocurrency buying and selling service now helps, Robinhood additionally presents market knowledge on a complete of sixteen cryptocurrencies together with bitcoin core, ethereum, bitcoin money, litecoin, ripple, ethereum basic, zcash, monero, sprint, stellar, qtum, bitcoin gold, omisego, neo, lisk, and dogecoin.
The addition of Crypto appears to have actually paid off for the corporate when it comes to progress. Before it’s digital foreign money providers have been introduced in January, Robinhood had an estimated consumer base of solely about 3 million people and now it gained 2 million extra. The firm stated: “Thank you for all of your enthusiasm and product feedback, especially over the past several months. Together, we’ve reached over 5 million people across the entire Robinhood platform, and we look forward to sharing Robinhood with millions more so everyone can participate in the financial system.”
Are you wanting ahead to buying and selling BCH and LTC with the Robinhood Crypto app? Share your ideas within the feedback part under.
Images courtesy of Shutterstock, Robinhood.
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