Tag Archives: Robinhood

Robinhood Debuts Crypto gifting feature

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Commission-less investment trading app Robinhood will onboard a new feature that will allow users to gift crypto to their friends and family. The new initiative will kickstart on the 22nd of Dec. across all states in the US except in Hawaii and Nevada, where the app is banned. “Crypto gifting …

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Robinhood buys Crypto-Trading Hub Cove Markets

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Robinhood, a commission-free trading app, has purchased Cove Markets, a cross-exchange trading API, to allow customers access to various centralized exchanges. Traders and investors on Robinhood’s platform can now trade up to 50 digital currencies using Cove Markets API. They would also connect with several other crypto exchanges including Kraken, …

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Robinhood Trials Dogecoin Wallet

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Commission-free stock trading platform and crypto exchange Robinhood has tested its in-app cryptocurrency wallet feature for the first time. The Chief Operating Officer (COO) of the firm’s crypto division Christine Brown released a snapshot of a dogecoin transaction initiated last week. According to the screenshot, a total of 420.71 doge …

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Robinhood Shares plummets following Crypto revenue decline

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Robinhood shares dipped by 8.77% on Tuesday as the multifaceted trading platform failed to meet its third-quarter revenue projection. According to FactSet, an open data software firm, Robinhood’s revenue plunged by $72.1 million, dropping from $437.1 million in the second quarter to $365 million in the third quarter. The company …

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News of Robinhood’s crypto wallet boost share price by 10.9%

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The introductory test phase of Robinhood’s crypto wallet begins in October. This would give users more leverage over their crypto assets, allowing them to deposit and withdraw from external wallets. “We’re excited to share that starting next month, the first customers will begin testing crypto wallets on Robinhood.”  The company …

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