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.