Coinbase vs. Robinhood

in #bitcoin7 years ago

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Starting in February 2018, Robinhood will allow you to buy cryptocurrency with no fees. This sounds too good to be true and typically when something sounds too good to be true, it usually is. Will we be able to purchase our cryptocurrency with no fees, but at a higher market rate that already has the fees built into it? Will there be some other catch? Or is this genuinely a viable no fee alternative to current cryptocurrency exchanges? To answer these questions I will be doing some bench marking of cryptocurrency prices between Coinbase and Robinhood as soon as Robinhood releases its cryptocurrency platform. Stay tuned!


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Legal Disclaimer: This is just my analysis and not to be taken as professional financial advice. Do your own research beyond what you read in my blog posts and make your own decisions based on your beliefs about what to invest your money in.