Currently RobinHood has over 3+ million and trading $100+ billion of dollars through their stock app. They have over 1 million users waiting on Robinhood exchange for the web and their waiting list for Robinhood Crypto is over 2 million in line. Once their Crypto App is up and running, it will create a whole other opportunity for regular stock investors to connect directly to Crypto. This will begin to bridge the gap between deciding to invest in stocks vs cryptocurrency fundamentally eliminating the question I see many times over social media "How do I Invest in Crypto". Users will begin to cautiously invest into the market and infuse the Cryptocurrency Marketcap to a higher level than it's currently at. I'm willing to bet that this time next year, this will be the last time we see the Crypto Marketcap under 500 Billion. I know some are saying what about "Coinbase". I have own my personal feelings regarding Coinbase, which furthers my excitement for Robinhood Crypto. Coinbase, while it is a big player in the crypto market, will only be lagging behind. Not just because of the limited amount of crypto's available. Coinbase also lacks access to stocks as Robinhood has gain notoriety through this initial platform of theirs. This will also play a key role for those weak handed investors looking to put their holdings into something less volatile during future market corrections.
Love Robinhood, makes things so accessible for people!
I am so excited. Being a robinhood customer for a while, this free fee trading will be very helpful. Especially when is spend like 50$ in a day on fees!😂