Robinhood Launches Crypto Trading for UK Customers, Supporting Buying and Selling of 50+ Digital Assets

Odaily News: Robinhood has begun rolling out cryptocurrency trading services to eligible customers in the UK. Through Bitstamp, the trading platform it acquired last year for $200 million, users can directly buy and sell more than 50 digital assets within Robinhood's main investment app. The rollout began this week, integrating crypto alongside stocks, stocks ISA, options, and futures products into a single app. Robinhood stated that the service launches with zero trading fees, account maintenance fees, and custody fees. UK customers will need to pay a 0.1% foreign exchange fee, which rises to 0.3% for certain weekend conversions.