Wondering what types of cryptocurrency you can trade on Robinhood? Here’s a list of all the coins currently supported.
Checkout this video:
You can now invest in Bitcoin (BTC) with Robinhood Crypto! BTC is the world’s first and most well-known cryptocurrency. Each BTC can be divided into smaller units, with each unit worth 0.00000001 BTC. You can now invest in Bitcoin with Robinhood Crypto!
Robinhood Crypto supports Ethereum (ETH) trading in U.S. dollars (USD). ETH is the native token of the Ethereum network and is used to pay transaction fees, gas, and other services on the Ethereum network.
Bitcoin Cash (BCH)
Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash was created on August 1, 2017, when Bitcoin split into two separate cryptocurrencies. Unlike Bitcoin, which has a maximum supply of 21 million coins, Bitcoin Cash has a maximum supply of 84 million coins. While both cryptocurrencies are similar in many ways, there are also several key differences between the two. One key difference is that Bitcoin Cash offers much faster and cheaper transactions than Bitcoin.
Robinhood added Litecoin (LTC) to its Robinhood Crypto platform in September 2018. Customers can now invest in Litecoin without commission fees. You can also track real-time market data for LTC.
Ethereum Classic (ETC)
Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
The Ethereum Classic mission is to build a more globally accessible, freer, and more trustworthy Internet by enabling decentralized applications to be built on top of a foundation of blockchain technology.
As of today, Robinhood supports Dogecoin (DOGE) in select states. Customers in those states can now track the performance of Dogecoin (DOGE) and other digital assets alongside more traditional investments like stocks, ETFs, and options — all commission-free. We’re working hard to expand our cryptos offering to more customers as quickly as possible.
Bitcoin SV (BSV)
Robinhood Crypto first supported Bitcoin (BTC) and Ethereum (ETH) in February of 2018. On July 15, 2018 we added support for 16 more coins, including Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC). And on December 13, 2018 we added 4 more, bringing our total to 20.
You can currently buy and sell the following cryptocurrencies on Robinhood Crypto:
Bitcoin Cash (BCH)
Ethereum Classic (ETC)
EOS is a cryptocurrency token and blockchain that focuses on enterprise solutions. EOS is the native currency of the EOS.IO protocol, which is a decentralized application platform that offers horizontal scaling of decentralized applications. The EOS protocol is designed to provide a complete operating system for industrial-scale decentralized applications, with everything from databases and accounts to scheduling and Internet of Things (IoT) integration.
NEO is a blockchain platform and cryptocurrency which enables the development of digital assets and smart contracts. The project aims to create an ecosystem of digital assets that can be used in a variety of applications. NEO supports a wide range of programming languages and features a dedicated development community. The project was founded in 2014 and is based in Shanghai, China.
Robinhood, one of the most popular investing apps, recently announced that it would start supporting cryptocurrency trading. This was great news for crypto enthusiasts, as Robinhood is known for its low fees and easy-to-use platform. However, many people are wondering which cryptocurrencies Robinhood will support.
At the moment, Robinhood only supports four cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). However, the app has said that they plan on adding more cryptocurrencies in the future. So, if your favorite cryptocurrency isn’t supported yet, don’t worry – it might be added soon!
Robinhood Crypto supports Stellar (XLM). Stellar is a decentralized protocol that enables you to send money to anyone in the world, instantly, for free.
Robinhood launched Snowball a few weeks ago, which allows users to invest monthly in 4 different cryptocurrencies. The list of supported assets currently includes Bitcoin, Ethereum, Litecoin, and Dogecoin. Monero was not included in the original lineup but could be added in the future.
Robinhood Crypto supports Dash (DASH) at launch. Dash is a open source peer-to-peer cryptocurrency with a strong focus on the payments industry. Dash offers instant transactions (InstantSend), private transactions (PrivateSend), and token operability (DGO).
Zcash is a digital currency that offers privacy and selective transparency of transactions. Zcash is different from other cryptocurrencies because it uses a unique zero-knowledge security protocol that allows users toshield selected transactions from public view.
Tezos (XTZ) is a decentralized blockchain that supports smart contracts and tokens. XTZ is the native currency of the Tezos blockchain. Robinhood launched support for Tezos on Dec. 17, 2020. You can now buy, sell, and hold XTZ in Robinhood Crypto.