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Robinhood CEO: No Plans to Make Cash on Cryptocurrency Buying and selling for ‘Forseeable Future’



<br />Inventory brokerage Robinhood launched no-fee cryptocurrency buying and selling in February 2018 and intends to function cryptocurrency buying and selling as a breakeven enterprise. Robinhood created its commission-free inventory brokerage in 2013, offering main competitors to current fee-based buying and selling platforms. As a substitute of earning profits from fee charges on inventory and cryptocurrency trades, the corporate takes its income from curiosity earned on money balances, margin lending, and its premium providers. Free Cryptocurrency Buying and selling When Robinhood first introduced on the finish<br />Learn Extra<br />The put up Robinhood CEO: No Plans to Make Cash on Cryptocurrency Buying and selling for ‘Forseeable Future’ appeared first on Bitcoinist.com.



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