<story><title>Robinhood Opens Cryptocurrency Trading</title><url>https://www.bloomberg.com/news/articles/2018-02-22/line-gets-longer-at-robinhood-as-cryptocurrency-trading-begins</url></story><parent_chain><item><author>htormey</author><text>Somethings to note:&lt;p&gt;-Robinhood is not allowing you to transfer in crypto from outside.&lt;p&gt;-Robinhood does allow you to transfer crypto out but you have to go through extra verification steps.&lt;p&gt;See:
&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;dHNENc&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;dHNENc&lt;/a&gt;&lt;p&gt;The listing of so many altcoins in the robinhood app (monero, zcash, etc) plus it’s low fees makes buying on altcoin exchanges that only accept crypto like binance a lot less attractive. No longer will users have to buy $ltc&amp;#x2F;$eth on coinbase&amp;#x2F;gdax then transfer to another exchange to buy altcoins.&lt;p&gt;This will have a big impact on the crypto ecosystem. The gauntlet has been thrown down for coinbase.&lt;p&gt;Edit: my bad. I got confused by the app update, Robinhood are just displaying tracking data for alts :&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;noPN8H&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;noPN8H&lt;/a&gt;</text></item></parent_chain><comment><author>bobcostas55</author><text>&amp;gt;-Robinhood is not allowing you to transfer in crypto from outside.&lt;p&gt;So robinhood is the sole supplier of coins on their exchange? Imagine if NYSE was also running a prop trading operation on the side, talk about conflicts of interest...</text></comment>
<story><title>Robinhood Opens Cryptocurrency Trading</title><url>https://www.bloomberg.com/news/articles/2018-02-22/line-gets-longer-at-robinhood-as-cryptocurrency-trading-begins</url></story><parent_chain><item><author>htormey</author><text>Somethings to note:&lt;p&gt;-Robinhood is not allowing you to transfer in crypto from outside.&lt;p&gt;-Robinhood does allow you to transfer crypto out but you have to go through extra verification steps.&lt;p&gt;See:
&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;dHNENc&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;dHNENc&lt;/a&gt;&lt;p&gt;The listing of so many altcoins in the robinhood app (monero, zcash, etc) plus it’s low fees makes buying on altcoin exchanges that only accept crypto like binance a lot less attractive. No longer will users have to buy $ltc&amp;#x2F;$eth on coinbase&amp;#x2F;gdax then transfer to another exchange to buy altcoins.&lt;p&gt;This will have a big impact on the crypto ecosystem. The gauntlet has been thrown down for coinbase.&lt;p&gt;Edit: my bad. I got confused by the app update, Robinhood are just displaying tracking data for alts :&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;noPN8H&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;ibb.co&amp;#x2F;noPN8H&lt;/a&gt;</text></item></parent_chain><comment><author>thisisit</author><text>&amp;gt; The listing of so many altcoins in the robinhood app (monero, zcash, etc) plus it’s low fees makes buying on altcoin exchanges that only accept crypto like binance a lot less attractive.&lt;p&gt;I don&amp;#x27;t understand. My understanding is they allow only BTC and ETH on their platform. So, if I want to buy a ICO token I do need to buy ETH here&amp;#x2F;GDAX etc and transfer to another exchange.&lt;p&gt;Editing for source:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;support.robinhood.com&amp;#x2F;hc&amp;#x2F;en-us&amp;#x2F;articles&amp;#x2F;360000088623-Crypto-Availability&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;support.robinhood.com&amp;#x2F;hc&amp;#x2F;en-us&amp;#x2F;articles&amp;#x2F;360000088623...&lt;/a&gt;</text></comment>