The Cryptocurrencies In The Robin Hood Case

Improved Essays
Cryptocurrencies in the Robin Hood app According to a Company representative, Robin Hood is already "the fastest-growing brokerage ever, with over 3 million users and $100 billion in transaction volume”. It is also the only stock brokerage platform to democratize stock trading has not only given investors the opportunity to trade on stocks free of any charge but has taken the huge leap of making the trade on cryptocurrencies available on their app. The two- Robin Hood and Cryptocurrency are well aligned as they both seek to democratize investment, money, and capitalism, thus the inclusion of cryptos in the Robin Hood app is a means of furthering the Robin Hood cause.
Despite the extreme market volatility (price swings and flashes), market manipulations and
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Cryptocurrency investors will be able to make instant bank transfers totaling to $1,000 (more if you have a Gold membership). The finances will be made available without delay into the Robin Hood account. Additional finances could be made available through ACH transfer, which could take a few days.
Commission-free – buying and selling may be available at the lowest price and no longer exorbitant fees charged by other cryptocurrency platforms.
Cutting edge security – to ensure that investor’s personal details and assets are kept safe; Robin Hood has (with the help of world-class cyber security experts) put a cutting-edge security measure (which includes a platform blanketed by SSL and 2-factor Authentication) in place.
More so, when you place a buy or sell order, Robin Hood offers you an estimated rate, connects to a slew of trading venues, exchanges, and marketplace facilities to find the lowest charge, and uses its economies of scale to attain better

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