Cyprus Mail
BusinessCryptocurrenciesInternational

Robinhood launches commission-free crypto trading in EU

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly
The logo of Robinhood Markets

Trading app operator Robinhood Markets Inc (HOOD.O) said on Thursday it has launched commission-free crypto trading to customers in the European Union.

“It is the only custodial crypto platform where customers will get a percentage of their trading volume back every month, paid in Bitcoin (BTC),” Robinhood said in a blog post.

The app will allow European investors to buy and sell more than 25 cryptocurrencies, including Bitcoin, Ether and Solana’s SOL.

The launch comes a week after Robinhood announced it will roll out brokerage services in the UK as part of an international expansion plan to “democratise finance” and increase access to markets.

Bloomberg News first reported the move earlier on Thursday, citing an interview with its crypto general manager Johann Kerbrat.

Follow the Cyprus Mail on Google News

Related Posts

Guidelines for logo size: What is the best logo size for social media and websites?

CM Guest Columnist

Verbex Group Review: 5 trading tips for first-time Forex Traders [verbexg.com]

CM Guest Columnist

Cyprus Business Now

Kyriacos Nicolaou

Tesla’s plan for affordable cars takes page from Detroit rivals

Reuters News Service

War and peace on the brink

Ioannis Tirkides

UK’s Jet2 expects annual profit jump, sells 55 per cent seats for summer 2024

Reuters News Service