Robinhood Crypto customers in the United States can now use their API to view crypto market data, manage portfolios and account information, and place crypto orders programmatically.
Robinhood Markets (NASDAQ: HOOD) is pleased to announce the Robinhood Crypto trading API, ushering in a new era of convenience, efficiency, and strategy for seasoned crypto traders.
Robinhood Crypto customers in the United States can use the new trading API “to set up advanced and automated trading strategies that allow them to stay ahead of market trends, react to significant market movements, or simply trade crypto–all without needing to open the app.”
Robinhood is dedicated to empowering developers and traders “with tools that not only transform but also enhance their trading experience.”
Johann Kerbrat, VP and GM of Robinhood Crypto said:
“With our new crypto trading API, we’re helping customers harness the full potential of Robinhood Crypto with precision and confidence. Robinhood Crypto has continued to see its market share increase as customers get access to a growing number of advanced trading tools to help them efficiently navigate the crypto market.”
At Robinhood, they focus “on offering the lowest cost to trade crypto on average.*
This, combined with commission-free crypto trading and “the introduction of their crypto API, gives customers even more reason to trade on Robinhood Crypto.”
With the Robinhood Crypto trading API, customers can “write their own programs to engage with cryptocurrency markets in real-time, leveraging algorithms and strategies to execute trades swiftly and efficiently.”
While API trading is inherently geared towards more advanced traders, we have built a simple and easy to use API so “that anyone who knows how to code can participate with confidence and precision.”
The Benefits of the Crypto Trading API
- Automation and Customization: Whether a customer is a seasoned trader with complex algorithms or a novice exploring simple strategies, the Robinhood Crypto trading API allows them to automate and diversify their trading strategies.
- Round-the-Clock Trading: The crypto market is open 24/7, and with the Robinhood Crypto trading API customers now have the flexibility to trade around the clock programmatically.
- Collaboration: Customers and traders can independently share their code and trading strategies with others to implement using their own Robinhood Crypto accounts.
- Enhanced Security: Robinhood Crypto holds the majority of coins in cold storage, entirely disconnected from the internet. This gives customers an additional layer of protection. Our Security Team routinely reviews code and infrastructure powering Robinhood Crypto. We also engage third-party security experts to test our systems, helping us build some of the most secure systems in the industry. Customers can learn more about how to protect their account by visiting our Help Center.
Getting started with the Robinhood Crypto trading API is simple.
Resources and comprehensive documentation are available here, which customers can use to start deploying their trading strategies within minutes.
To use the Robinhood Crypto trading API, you must “visit the Robinhood API Credentials Portal, only available on a desktop web browser.”
After creating credentials, you will receive the API key associated “with the credential. You can modify, disable, and delete credentials you created at any time.”
Only customers with active Robinhood Crypto accounts “will be able to gain access and create their API keys.”
