Robinhood launches cryptocurrency trading services 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 the trading platform Bitstamp, which it acquired for $200 million last year, users can directly buy and sell more than 50 digital assets within the Robinhood main investment app. The rollout began this week, integrating cryptocurrencies with stocks, stock ISAs, options, and futures products into a single application. Robinhood stated that the service will waive trading fees, account maintenance fees, and custody fees at launch. UK customers will be charged a 0.1% foreign exchange fee, which rises to 0.3% for certain weekend conversions.