Robinhood launches cryptocurrency trading for UK customers, supporting buying and selling of over 50 digital assets

Odaily Planet Daily 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 now buy and sell more than 50 digital assets directly within the Robinhood main investment app. The rollout began this week, integrating cryptocurrencies with stocks, stocks ISA, options, and futures products into a single app. Robinhood stated that the service waives trading fees, account maintenance fees, and custody fees at launch. UK customers are required to pay a 0.1% foreign exchange conversion fee, which increases to 0.3% for certain weekend conversions.