Skip to main content

Free Crypto Trading App Robinhood Available in Alaska and Oklahoma

Free Crypto Trading App Robinhood Available in Alaska and Oklahoma

“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform.

Also read: Colombia Crypto Exchange Asks New President for Banking Help

Robinhood Brings Free Crypto Trading App to Alaska and Oklahoma

This week Robinhood, the booming smartphone stock and crypto commission-free trading app, announced it had extended its services to the US states of Alaska and Oklahoma. Effectively, the company is gaining on being available in nearly half of the United States.

Free Crypto Trading App Robinhood Available in Alaska and Oklahoma

Including Alaska and Oklahoma, the 19 other states where users can try the app are Arizona, California, Colorado, Florida, Georgia, Indiana, Iowa, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Jersey, New Mexico, Pennsylvania, Texas, Utah, Virginia, and Wisconsin.

The app features half a dozen cryptocurrencies, but users are also privy to legacy and institutional stock markets, charts, options, as well as up-to-the-minute data from altcoins such as Bitcoin Gold, Dash, Lisk, Monero, NEO, Omisego, Qtum, Ripple, Stellar, and Zcash.

A Year of Growing Into Crypto

The company began 2018 with a blockbuster announcement, suggesting they were moving into crypto. “Trading functionality for BTC and ETH will be released gradually in waves,” they blogged, “to Robinhood residents in California, Massachusetts, Missouri, Montana, and New Hampshire. Robinhood Crypto will be available in more states soon.”

Free Crypto Trading App Robinhood Available in Alaska and Oklahoma

By February, users could begin trading bitcoin core (BTC) and ether. Not too long after, the company began to inch their way into California, Massachusetts, Missouri, Montana, and New Hampshire. It has seemed all downhill from then on for the app, as it continued to gain clusters of states.

It also wasn’t too much long ago the company was valued at over $5 billion following over a quarter billion dollars in venture capital funding. Some analysts insisted at least part of that eye-popping valuation was due to Robinhood embracing cryptocurrency.  

Do you think Robinhood will eventually expand into all 50 US states? Let us know in the comments below. 


Images courtesy of Shutterstock.


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Free Crypto Trading App Robinhood Available in Alaska and Oklahoma appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2y1DsWS

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought