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Robinhood

Robinhood Crypto Trading App Expands its Business to Wisconsin and New Mexico

ยท in Crypto News, Home
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

The popular mobile crypto trading app, Robinhood, announced that it is expanding to two new US states, Wisconsin and New Mexico. The platform is known for its commission free Bitcoin and Ethereum trading services.

Robinhood Expands to Wisconsin and New Mexico

During the last months, virtual currency traders were searching new options to trade cryptocurrencies with the lowest possible fees. And Robinhood was able to to offer a zero-fee brokerage service to its users.

Robinhood was able to become very famous among younger generations, that were asking for Bitcoin and other crypto trading services. That’s why, back in January, the platform informed that they were going to launch their service for some crypto traders.

The first step was to make available the application in some US states, including California, Massachusetts, Missouri, Montana, and New Hampshire. The last month it expanded to Colorado, and Mississippi, and now it lands at Wisconsin and New Mexico.

The company announced in January:

“Next month, round-the-clock, commission-free trading comes to the Robinhood platform. Trading will be limited to Bitcoin (BTC) and Ethereum (ETH), with more coins tradable later. Trading functionality for BTC and ETH will be released gradually in waves to Robinhood residents in California, Massachusetts, Missouri, Montana, and New Hampshire. Robinhood Crypto will be available in more states soon.”

The company allows its users to track the prices of different virtual currencies, including NEO, Monero, Bitcoin Cash, Dogecoin, and Ripple.

The official Twitter account of Robinhood tweeted:

“Robinhood Crypto is coming in hot! Commission-free Bitcoin and Ethereum trading is now rolled out and available to investors in New Mexico / Wisconsin.”

Some users are still waiting for more coins to be added, including Litecoin, NEO, Ripple, and many others. It is important to mark that the app is allowing several users to start trading virtual currencies in many different states. In the future, more and more virtual currencies could be added allowing the crypto market to keep expanding all over the United States, one of the most important countries for digital currency traders.

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