Report: Robinhood gets 60% off $170M exchange purchase.
Due to unfavorable market circumstances, Robinhood, the US-based stock and cryptocurrency trading platform allegedly obtained a 60% discount on the first offer offered to Ziglu. Because of unfavorable market conditions, stock and cryptocurrency investing platform Robinhood allegedly received a 58% discount on its $170 million bid to purchase crypto exchange Ziglu. Robinhood made its original […]
Robinhood Review: Mobile First Trading Platform
In its early days, Robinhood distinguished out as a saint in the brokerage sector. Its main competitive advantage was that it did not charge commissions for stock, option, and cryptocurrency trading. That advantage has been offset as the majority of the brokerage business has agreed to eliminate commissions. Despite growing cost competition, Robinhood has created […]