chepicap.com
It was announced in late January this year that Robinhood had been granted a BitLicence from the New York Department of Financial Services (DFS) which allows the company to operate in the state. Now, Robinhood has announced as of today, New Yorkers can officially invest in cryptocurrencies on Robinhood Crypto.
Start spreading the news, Robinhood Crypto is officially in New York now. Trade Bitcoin, Ethereum, and other crypto in New York State.https://t.co/HGyvW8NUk9 pic.twitter.com/K2XfXZukXO
— Robinhood (@RobinhoodApp) May 23, 2019
Robinhood Crypto currently offers support for seven cryptocurrencies including Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Ethereum Classic, Litecoin, and Dogecoin. Additionally, it’s also possible to track price movements and news for those and 10 other coins.
Robinhood’s expansion into New York means the platform is now available in 39 states.
Many were understandably excited at the news:
pic.twitter.com/2B38hhSpGd
— Giancarlo (@gianfc2001) May 23, 2019
The city that never sleeps gets the currencies that never rest pic.twitter.com/osMNws4xlD
— Jon Blake (@J_Blake14) May 23, 2019
pic.twitter.com/T1OfhAety4
— FatSeaTurtle 🌊🐢 (@FatSeaTurtle) May 23, 2019
Others were asking when they’d expand their list of available cryptocurrencies and features:
When can you withdraw and deposit crypto👀. And AND when ‼ #XRP ‼ $XRP XRP??????
— Jav! (@Jurenanunez) May 23, 2019
when @DigiByteCoin ?
— @Digi_Flo (@Digi_Flo) May 23, 2019
When are you rolling out more features and crypto’s to trade?
— Etienne Tawong (@etawong) May 23, 2019
In early April, Chepicap reported Robinhood had expanded its features for Gold subscribers. For $5 a month, eligible members will have access to larger instant deposits and $1,000 of interest-free deposits. Gold subscribers also have access to Nasdaq level 2 market data and access to more than 1,000 exclusive research reports from Morningstar analysts.