I’m a big fan of Robinhood. Not only do I use Robinhood for fee free trading but also to satisfy direct deposit requirement of various banking accounts. Robinhood plans to let you “invest in Bitcoin and other cryptocurrencies, 24/7 and commission-free”. In order to get access you have to join a waiting list and you better hurry because this waiting list is growing by the second.
Both you and I get a free stock between $3 and $150.
Robinhood does not charge any money for buying or selling of stocks. It has virtually no fee.
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The big news is that starting February trading will begin for Bitcoin (BTC) and Ethereum (ETH). Unfortunately, crypto trading will initially only be available in few states.
Trading functionality for BTC and ETH will be released gradually in waves to Robinhood residents in California, Massachusetts, Missouri, Montana, and New Hampshire. Robinhood Crypto will be available in more states soon.
You may read more about cryptocurrencies announcement in this Robinhood blog post.
While you are at it, you may as well join the waiting list for much anticipated web access of Robinhood. You can read more about Robinhood web access in this robinhood blog post.
