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That 50% of Robinhoods revenue comes from crypto does not make Robinhood a major service in the cryptocurrency space. Could be that they have way higher margins
by capableweb 5y ago
That 50% of Robinhoods revenue comes from crypto does not make Robinhood a major service in the cryptocurrency space. Could be that they have way higher margins on cryptocurrency, that cryptocurrency fans spend more or anything else. But compared to other exchanges or trading platforms in cryptocurrency, Robinhood is basically non-existing.