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Robinhood Ends Support for Three Crypto Tokens




Robinhood, the popular trading platform announces to end the support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on its platform.

According to a blog post by Robinhood, “Based on our latest review, we’ve decided to end support for Cardano (ADA), Polygon (MATIC), and Solana (SOL) on June 27th, 2023 at 6:59 PM ET. No other coins are affected and your crypto is still safe on Robinhood.”

Users can buy, sell and hold ADA, MATIC, and SOL until the deadline. After the deadline, any ADA, MATIC, and SOL still in your Robinhood Crypto account will be sold for market value and the proceeds will be credited to your Robinhood buying power.

SEC recently sued the two biggest cryptocurrency exchanges i.e. Binance and Coinbase.

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.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.