Robinhood launches commission-free crypto trading in EU
Robinhood Markets Inc said on Thursday it has launched commission-free crypto trading to customers in the European Union.
«It is the only custodial crypto platform where customers will get a percentage of their trading volume back every month, paid in Bitcoin (BTC),» Robinhood said in a blog post.
The app will allow European investors to buy and sell more than 25 cryptocurrencies, including Bitcoin, Ether and Solana's SOL.
The launch comes a week after Robinhood announced it will roll out brokerage services in the UK as part of an international expansion plan to «democratise finance» and increase access to markets.
Did you Know?
As a beginner to cryptocurrency investing, you should consider two critical things. First, you should determine and understand your risk tolerance, as cryptocurrencies can be volatile. Only invest what you can afford to lose. Secondly, don’t put all your funds in one cryptocurrency; diversify to mitigate risks. Deciding where to invest your hard-earned money can be difficult.
View Details» Bloomberg News first reported the move earlier on Thursday, citing an interview with its crypto general manager Johann Kerbrat.
