Robinhood’s main product is the “Robinhood Crypto in the US.”
Traders on Robinhood could get an average of 3.6% more cryptos.
Robinhood acquired Bitstamp with international expansion in mind.
Robinhood’s Crypto General Manager Johann Kerbrat has highlighted the company’s crypto-related products and plans, given the current changes within their ecosystem. According to Kerbrat, Robinhood’s core product is the “Robinhood Crypto in the US,” designed to make the platform the most affordable and trustworthy place to trade crypto.
During a recent podcast with the Thinking Crypto host, Kerbrat noted crypto traders on Robinhood could get an average of 3.6% more cryptos on Robinhood versus its competitors, with about 15 other assets on the platform. He also stated that eligible users on Robinhood can buy, sell, hold, and transfer crypto using the platform.
Bitstamp Acquisition
Robinhood returned to the crypto spotlight after its recent acquisition of Bitstamp, a major global crypto exchange. Reports indicate that this acquisition aims to help Robinhood launch a derivatives exchange to serve institutional investors.
Robinhood’s CEO Vladimir Tenev has sa…
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