With a fresh strategy, Robinhood has made a significant second international push into the EU cryptocurrency trading market.
- EU has seen the expansion of Robinhood.
- With a novel strategy, the company hopes to upend the EU cryptocurrency trading market.
- EU consumers can now purchase and sell more than 25 cryptocurrencies through Robinhood. Next year, support for more currencies, crypto staking, transfers, and learning prizes will be launched.
- Users of the recently launched service can earn Bitcoin.
The massive online stockbroker Robinhood reportedly announced on Thursday that it has expanded its app-based cryptocurrency trading service to include the entire European Union (EU).
This is the company’s second significant international growth after it launched its stock trading application in the United Kingdom on November 30. There is a queue for the stock trading platform, and its services should launch early in 2019.
The software app, according to the company, is the “only custodial crypto platform” where users may earn up to 1 BTC by signing up and referring friends, and recover a portion of their monthly trade volume, all paid for with Bitcoin (BTC).
Not only does Robinhood return a portion of each trade, but it also boasts one of the most affordable cryptocurrency trading apps in the EU, offering transparent pricing that empowers users to make well-informed decisions.
The general manager of Robinhood Crypto, Johann Kerbrat, said, “We’re thrilled to expand crypto trading to customers throughout the EU, enabling them to buy and sell their favourite tokens safely and securely.”
Robinhood provides commission-free trading for stocks, cryptocurrency, options, and exchange-traded funds (ETFs). With the Robinhood app, users may purchase and sell a variety of financial assets.
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
