How does Robinhood's free trading feature work for cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! Robinhood's free trading feature for cryptocurrencies works by leveraging their business model and revenue streams. While they offer commission-free trading, they make money through other means such as interest on cash balances, premium subscriptions, and selling order flow. This allows them to offer free trading for cryptocurrencies while still generating revenue.
  373187
• Dec 27, 2021 · 3 years ago
  Robinhood's free trading feature for cryptocurrencies is made possible through their innovative approach to business. By cutting out traditional intermediaries and leveraging technology, they are able to reduce costs and pass those savings on to their users. This means that you can trade cryptocurrencies on Robinhood without paying any commission fees.
  354118
• Dec 27, 2021 · 3 years ago
  As an expert in the field, I can tell you that Robinhood's free trading feature for cryptocurrencies is a great advantage for users. It allows you to buy and sell digital currencies without incurring any fees, which can save you a significant amount of money in the long run. Other exchanges may charge fees for trading cryptocurrencies, but Robinhood offers this feature for free.
  38196