Robinhood, a fintech broker firm, announced this week its new bitcoin and other cryptocurrencies investment platform, which its services are 24 hours a day available the platform is commission-free. Features of the platform include:
- Everything in one place: All cryptocurrencies, stocks, ETFs, and options are now available on one platform.
- Instant Access to Funds: Offers access to funds when user deposits or sells stocks to buy cryptocurrencies.
- Secure and Trusted: Offers securities measures to protect assets and personal information.
The company also reported:
“We believe that cryptocurrencies have the potential to fundamentally reorganize the way money works from the ground up, putting power previously held by financial institutions directly in the hands of the people.”
The new platform comes just a little less than three months after Robinhood launched its Robinhood for Web platform, which features research and discovery tools. features include Collections, which offers a list of new stocks and is organized by sectors such as Gas and Oil, Entertainment, and Social Networks. Robinhood noted that for each stock, users can view the average share price that the platform’s investors bought as well as the current share prices. Users can also scroll through a list of stocks investors also bought in addition to individual stocks. The platform has analyst ratings and earnings information as well.