Two months after starting to roll out crypto trading, Robinhood has finally expanded the service to another American state. For now, it’s still supporting just bitcoin and ethereum, however the app is expected to add at least another fourteen cryptocurrencies eventually.
Also Read: Crypto Funds Drop 29.2% in March Reveals Hedge Fund Data Specialist
Robinhood Crypto Reaches Colorado
Home to over 5.5 million people, Colorado is perhaps most known around the world for being the first American state to legalize both the medicinal and recreational consumption of marijuana. It is only the sixth location in the country where Robinhood’s cryptocurrency trading service is made available after the company initially launched it in California, Massachusetts, Missouri, Montana, and New Hampshire back in February.
Reaping the Benefits of Crypto
Besides the few selected states that the cryptocurrency trading service is available in, Robinhood also already offers market data on a total of sixteen cryptocurrencies including bitcoin, ethereum, bitcoin cash, litecoin, ripple, ethereum classic, zcash, monero, dash, stellar, qtum, bitcoin gold, omisego, neo, lisk and dogecoin. The company is also working on Robinhood Feed, a way to discuss cryptocurrencies, news, and market swings in real-time with other investors on the platform.
What country or American state should Robinhood Crypto reach next? Share your thoughts in the comments section below.
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Source: Bitcoin.com