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In just three years, Robinhood Financial LLC has exploded. It gained traction as a free stock trading smartphone application (app). At the start of this year, they announced incorporation of bitcoin and ether trading, using free trades as a loss leader to gain customers. The model seems to be working, as the Wall Street Journal […]
The post Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion appeared first on Bitcoin News.
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Popular smartphone app Robinhood announced it will begin to allow users to trade bitcoin next month, and without transaction fees. Until now, online retail brokerage platforms have been careful about dabbling in bitcoin by way of futures contracts, preferring not to deal directly in cryptocurrency. The young app is ready to try a loss-leader model […]
The post Robinhood Smartphone Trading App Adding Bitcoin and Ether appeared first on Bitcoin News.
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