why robinhood is bad for crypto?
Is it bad to buy crypto on Robinhood?
Sure, buying bitcoin on Robinhood Crypto is risky. But everything about bitcoin is risky. If I was buying millions of dollars worth of bitcoin, I'd want to take personal possession of my digital treasure. But that safety costs a lot money for small-time investors like me. Apr 30, 2018
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Is Robinhood good for Cryptocurrency?
Robinhood is best known as a commission-free stockbroker, but you can buy and sell bitcoin with no commissions as well. If you already have some experience with stock market investing, buying cryptocurrencies with Robinhood will likely feel familiar, a bonus for those new to bitcoin.
Full answer in: www.thebalance.com
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Why Robinhood is not good for Crypto?
Since Robin Hood doesn't actually give you the ability to see what address(es) you're using and doesn't allow crypto funds to be transferred in or out, all trades that happen on Robin Hood purely exist for speculation.
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