Robinhood Crypto trading


#1

I was a little disappointed Cardano is not listed on the app.
I signed up on Robinhood as soon as I learned they were going to offer crypto trading and made a small deposit, usually my home state is last to the party it seems on everything, but i was delighted to find my invite to trade crypto on their trading platform a couple day’s ago, shockingly we did not come in last this time :slightly_smiling_face:
Now Robinhood needs to allow me to transfer my investment, although it seems to be a great app for trading it is not a great app for investing - I do not understand investing in something but having absolutely no way of transferring it.
Does anyone else use this app? Do you think they will add Cardano ever?


#2

Personally I’d avoid it. See here: https://cryptoslate.com/robinhood-launches-zero-fee-crypto-trading-really-free/

TLDR: neither an exchange nor a CFD platform but a broker for other exchanges, deposits and withdrawals of crypto not possible, probable hidden charges.


#3

If you want a legitimate platform for trading, try GDAX. It is the professional grade platform by coinbase. It also has low trading fees compared to coinbase. At least last time I checked. They don’t have ADA pairs but i wouldn’t be surprised if they added it later.

Another app worthy of mention is ABRA. They allow transfers in and out and have way more trading pairs than coinbase.


#4

How about Circle? What do you think about it? I read an article-seems it was infomercial!


#5

Never heard of it, sorry.