A good news for the crypto users and the readers. An official news has unveiled that the user can now trade in Ethereum Classic (ETC) on Robinhood Crypto platform and that also commission-free.
The customers have also the opportunity to trade in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin. Apart from this, the users can track market data for almost 10 more cryptocurrencies including Lisk (LSK), Monero (XMR), NEO, Qtum, Stellar (XLM), Zcash, Bitcoin Gold (BTG) and Dash and so on.
The official blog post has also stated that they will also enable buying and selling of other cryptocurrencies through Robinhood platform subjected to embracing the market data for the individual cryptocurrencies which exclusively do not indicate that there will be buying and selling features added for the same.
The sources have confirmed that currently, Robinhood is trading for almost 19 states including California, Georgia, Florida, Lowa, Michigan, Missouri, New Jersey and so far. Well, it is now planning to move across the world.
The team is working hard to make the crowd aware on a state by state basis and also moving forward through a well-established regulatory process in order to make it available for as many as customers they can.
In order to access crypto, the user can either go into the card by installing the app, or the simplest way is to log in into their official website and then follow the footsteps of the given procedure.
The user will immediately receive a mail once get registered and through a notification, in an app or via mail the person will get to know when to start trading with the cryptocurrencies.
No users are allowed to participate in an Initial Coin Offering (ICO) as Robinhood Crypto does not assist them.
In addition, Crypto Exchange Coinbase is also taking its move to introduce its support for ETC by Tuesday, August 7.
The sources have unveiled that the support will be evaluated by Pro and Prime Coinbase account but the trading will not be readily available. Further, it stated that once the liquidity is well established it can be embraced by the users for a trading purpose on Pro and Prime.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.