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> The listing of so many altcoins in the robinhood app (monero, zcash, etc) plus it’s low fees makes buying on altcoin exchanges that only accept crypto like bi
by thisisit 9y ago
> The listing of so many altcoins in the robinhood app (monero, zcash, etc) plus it’s low fees makes buying on altcoin exchanges that only accept crypto like binance a lot less attractive.
I don't understand. My understanding is they allow only BTC and ETH on their platform. So, if I want to buy a ICO token I do need to buy ETH here/GDAX etc and transfer to another exchange.
Editing for source:
https://support.robinhood.com/hc/en-us/articles/360000088623-Crypto-Availability https://support.robinhood.com/hc/en-us/articles/360000088623...
- htormey 9y agoRobinhood are listing monero, zcash and a bunch of other coins. So you can buy them directly for fiat. Coinbase allow you to buy ltc, eth, bch and btc. If you wanted to buy monero you would first have to buy one of those then transfer to another exchange. Edit: my bad. I got confused by the new Robinhood ux: https://ibb.co/noPN8H https://ibb.co/noPN8H
- thisisit 9y agoAre you sure? The linked article says: Anyone that uses the Robinhood platform to buy Bitcoin or Ethereum today comes into a market that has lost roughly half of its value over the past couple of months. I believe those coins can be tracked but not bought. Better source: https://support.robinhood.com/hc/en-us/articles/360000088623-Crypto-Availability https://support.robinhood.com/hc/en-us/articles/360000088623... Starting in February, Robinhood Crypto supports buying, selling and real-time market data for: Bitcoin (BTC) Ethereum (ETH) Robinhood Crypto also supports real-time market data for the following: Bitcoin Cash (BCH) Bitcoin Gold (BTG) Dash (DASH) Dogecoin (DOGE) Ethereum Classic (ETC) Lisk (LSK) Litecoin (LTC) Monero (XMR) NEO (NEO) OmiseGO (OMG) Qtum (QTUM) Ripple (XRP) Stellar (XLM) Zcash (ZEC) So not really the game changer you are saying it might be.
- htormey 9y agoMy bad. I am still in the queue to have crypto trading turned on in the Robinhood app. When you open the app it makes it look like they are supporting multiple coins at launch: https://ibb.co/noPN8H https://ibb.co/noPN8H
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