Robinhood Crypto

We’re excited to release Robinhood Crypto to customers on a state-by-state basis. Check out our growing list of states below!

Don’t see your state? Don’t worry–you’ll receive an email and an in-app notification when your account is ready for Crypto.

Robinhood Crypto also supports real-time market data for the following cryptocurrencies:

We also plan to support the ability to buy and sell other cryptocurrencies through Robinhood Crypto.

We’re excited to release Robinhood Crypto to customers on a state-by-state basis. Check out our growing list of states below!

Don’t see your state? Don’t worry–you’ll receive an email and an in-app notification when your account is ready for Crypto.

Robinhood Crypto also supports real-time market data for the following cryptocurrencies:

We also plan to support the ability to buy and sell other cryptocurrencies through Robinhood Crypto.

To help protect your market orders against dramatic price moves, we adjust market orders to limit orders collared up to 1% for buys, and 5% for sells.

Collars are based off the last trade price.

This means that your order won’t execute if the price of the cryptocurrency moves more than 5% lower than its price at the time you placed a market sell order, or more than 1% higher than its price when you placed a market buy order, until it comes back within the collar.

A limit order is an order placed to buy or sell a specified amount at a specified price or better. You don’t have to worry about day trading limits on cryptocurrencies because they’re not regulated by FINRA or the SEC like stocks and options.

Limit orders aren’t guaranteed to execute.

When you make a deposit (or sell investments in your Robinhood Financial brokerage account), those funds are immediately available for purchasing cryptocurrencies in your Robinhood Crypto account.

Cryptocurrency trading is offered through an account with Robinhood Crypto. Robinhood Crypto is not a member of SIPC or FINRA.

We’re excited to release Robinhood Crypto to customers on a state-by-state basis. Check out our growing list of states below!

Don’t see your state? Don’t worry–you’ll receive an email and an in-app notification when your account is ready for Crypto.

Robinhood Crypto also supports real-time market data for the following cryptocurrencies:

We also plan to support the ability to buy and sell other cryptocurrencies through Robinhood Crypto.

You don’t have enough buying power to place the trade.

Cryptocurrencies are non-marginable and can’t count as collateral, so you’ll need to have enough cash in your account to place the order.

You don’t have enough equity to reach your margin minimum. If you have a Gold account and are using Gold Buying Power, you won’t be able to place a cryptocurrency order in your Robinhood Crypto account if doing so would cause you to fall below your margin maintenance or minimum balance in your Gold account. Also, in a Robinhood Instant or Gold account, you cannot place a trade that would cause you to fall below your pattern day trade minimum equity.

Your account is being prevented from buying stocks.

If you have a Robinhood Instant account, you get instant access to your funds up to $1,000. Additional funds will land in your account after normal settlement times.

If you have a Robinhood Gold account, you’ll have instant access to your funds up to your Gold tier amount, and any additional funds will land in your account after normal settlement times.

For Robinhood Crypto, funds from stock, ETF, and options sales become available for buying within 3 business days. However, limited cash deposits and all proceeds from crypto sales are available to instant accounts immediately.

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By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

Robinhood, the popular stock and crypto investing app, has officially launched bitcoin, ethereum, and other cryptocurrency trading in New York.

Silicon Valley-based Robinhood received a BitLicense from the New York Department of Financial Services (NYDFS) in January 2019 and on Thursday opened access to crypto trading in the Empire State.

Currently, you can invest in seven cryptocurrencies on Robinhood Crypto: Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Ethereum Classic, Litecoin, and Dogecoin.

Robinhood, the stock trading app for millennials, recently introduced cryptocurrency trading services on its platform to customers in five states — California, Massachusetts, Missouri, Montana, and New Hampshire.

The San Francisco-based company made the announcement in a blog post last week. It also announced a new feature called Robinhood Feed for the app’s users to track cryptocurrency news and discuss their price swings. The feature is available to select users currently, and Robinhood plans to evolve its feed based on comments and feedback from users.

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