At the present, Bitcoin and various other cryptocurrencies have become very popular among people. The reason for its popularity is that people are making lots and lots of profits just from trading and investing in cryptocurrencies like Bitcoin, Ethereum etc. Cryptocurrency traders have to face fees and deductions for most of the transactions they make on cryptocurrency exchanges, therefore, having to go through loses.
Image source: https://techcrunch.com/2018/01/25/free-cryptocurrency-trading-app/
To solve this problem, a stock trading application called Robinhood will allow users to buy and sell cryptocurrencies without paying any extra charges or transaction fees. The Robinhood app will be launching in February 2018. It has already collected 176 million dollars from investors with the company currently being valued at around 1.3 billion dollars. The app will also have other useful functionalities like coin price tracking, news alerts etc.
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