Robinhood to Offer Zero Fee Cryptocurrency Trading to Compete with Coinbase

in #news7 years ago


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Coinbase has long dominated the crypto to fiat on-ramp, but a new player is joining the party.. Robinhood, the zero trade fee mobile stock app is beginning to support crypto in February, and might provide some much needed competition to Coinbase. Let's talk about why I think this is an important development and advantageous to end-users throughout the cryptocurrency world.

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2 questions:

  1. Will it be secure with 99.9999999% uptime?

  2. How will Robinhood make money?

  1. How could i know the uptime rate.
  2. it is a loss to them but they gain new customers for the stock market sector?

LOL! What, no Vulcan mind-meld with your exchange? Hey man, just stumbled upon your youtube stuff. Thanks so much for all the info and updates! Very generous of you.

maybe they are going to make money on the incoming and outgoing transactions, but not the trading on their exchange. They should have a ROI plan

That makes sense.