Robinhood Brings Crypto Trading to UK Investors With Zero Fees

Robinhood has launched cryptocurrency buying and selling for UK traders, thus increasing its native providing past shares, choices, and futures.

The service will begin rolling out to eligible clients this week by Bitstamp UK Ltd.

Users can be ready to commerce over 50 digital belongings, together with Bitcoin, Ethereum, XRP, Hyperliquid, and extra. The agency mentioned crypto buying and selling may also include zero buying and selling, account upkeep, or custody charges. However, the customers could have to pay a 0.1% FX charge, which is able to improve to 0.3% throughout weekends.

Speaking on the matter was Jordan Sinclair, President of Robinhood UK LTD and GM of Bitstamp UK LTD, who mentioned:

“A brand new wave of UK traders sees digital belongings as an essential a part of a diversified portfolio. With as we speak’s launch, we’re taking one other main step towards changing into the all-in=one funding platform for the UK.”

Moreover, the agency can also be introducing Cortex Digests for Crypto – an AI-powered function that’s designed to summarize market information, technical indicators, and components that affect particular person crypto belongings.

It’s additionally price noting that the announcement comes amid attention-grabbing occasions for Robinhood, as its proprietary Robinhood Chain continues attracting consideration. Since the worldwide launch of the community, it has already generated over $18 billion in DEX buying and selling quantity, increasing its whole worth locked (TVL) to greater than $840 million.

As CryptoPotato reported not too long ago, the blockchain additionally grew to become the most important one by the use of its real-world belongings (RWAs) holder rely.

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