Robinhood reportedly tests a new feature that allows users to withdraw crypto
Robinhood, a retail trading platform, according to sources is said to be testing a long-awaited new crypto wallet feature that allows users to transfer and receive crypto-assets like Bitcoin (BTC) from its app. On September 21, Bloomberg reported the story, claiming to have seen screenshots of a withdrawal UI in a test version of Robinhood’s […]
Robinhood launches recurring daily crypto purchases starting at $1
Robinhood has joined other crypto companies to launch a new feature known as recurring purchases or dollar-cost averaging (DCA). On Wednesday, Robinhood launched a new service that will allow its crypto users to buy coins for as little as a dollar on a monthly, weekly, or even daily basis. This form of buying, also known […]
Wolfe Research warns of ‘acute’ Q3 slowdown in Robinhood’s DOGE growth
“Robinhood’s ascent inside crypto is nothing short of remarkable,” Wolfe Research’s Steven Cubak warned in an investment note this week, “but the outsized contribution from Dogecoin simply cannot be ignored.” According to Robinhood’s Q2 figures, crypto trading accounted for 41% of the company’s income, and more than 60% of the app’s funded accounts traded crypto […]
Dogecoin trading accounted for 62% of Robinhood’s Q2 cryptocurrency earnings
Cryptocurrency trading accounted for around 41 percent of Robinhood’s quarterly income, with Dogecoin being a major contributor. Cryptocurrency trading has grown in popularity on Robinhood’s platform, which now accounts for 41 percent of the company’s income, according to the popular retail trading app. Following the publication of its second-quarter financial results on August 18, the […]
Robinhood Retail shareholders want crypto wallets , branded hat and hoodie
Users of the famous stock and digital currency trading app Robinhood are currently unable to transfer their cryptocurrency off the platform. A public shareholders poll indicated that retail shareholders of the crypto-friendly trading app Robinhood want a crypto wallet as well as a branded hat and hoodie. Say, a public question crowdsourcing platform, was Robinhood’s […]