ROBINHOOD - Say goodbye to trading commissions
Robinhood: Official website
WHAT IS ROBINHOOD?
Robinhood let you trade cryptocurrencies like Coinbase but with zero comissions.
In addition they want to add many more cryptocurrencies available to trade than Coinbase.
At the moment it is available on the Appstore but just in a few countries.
HOW DOES ROBINHOOD EARN MONEY?
With Robinhood Gold, you get up to 2x your buying power and access to after hours trading for as little as $6 per month. This is the only product Robinhood charges you for, and is completely optional. Trading is still commission free.
Additionally, Robinhood earns revenue by collecting interest on the cash and securities in Robinhood accounts, much like a bank collects interest on cash deposits.
This is fantastic news @ettorebello! I actually signed up for Robinhood 2 weeks ago for stocks and when you sign up they give you a free stock. I got Sirius (SIRI). Only worth about $5, but still cool nonetheless! I wonder if they'll do any type of similar promotion for Crypto!
...They seem like a very progressive company with the user in mind first and making efforts to grow!
You are right. However it is not available to download in Italy yet :(