Robinhood Mobile App To Launch Zero-Fee Crypto Trading In February

Robinhood Mobile App To Launch Zero-Fee Crypto Trading In February

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Starting in February, no-cost stock trading app Robinhood will allow users to trade Bitcoin and Ethereum with no fees whatsoever, the company has announced in a blog post Thursday, Jan. 25.

The announcement is a welcome one to users of other cryptocurrency exchanges who have grown accustomed to paying fees ranging from 0.1% to as high as 4% per transaction on platforms like Coinbase.

Robinhood is also allowing users to track the price of a number of other cryptocurrencies including Ripple and Litecoin, although the actual trading feature will only be available for Bitcoin and Ethereum.

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