Robinhood offers commission-free investing with a user-friendly app that allows you to access your portfolio from the palm of your hands.
What can I do with the Robinhood App?
There are a lot of apps out there that allow you to buy stocks, but Robinhood pioneered the market with no commission fees.
You can easily buy & sell whole shares of stocks and now you have the ability to buy fractions of a stock.
What does that mean for you? It offers you flexibility in your investing. You can buy $50, $100, or even $234 worth of stock, instead of rounding up or down to the nearest whole share.
If $100 doesn’t cover the cost of a whole share of your desired stock, you can buy $100 worth now and buy more later. If the stock you are buying is less than $100, you will get multiple shares and a fraction of a share proportional to your purchase amount.
The same thing applies to crypto purchases. Even though 1 Bitcoin is thousands of dollars, you can buy a fraction of a whole bitcoin. Whether it’s $50 or $500 worth of bitcoin. You can decide how much to purchase based on your budget.
Why do I Love the Robinhood App?
The app is super simple to use. It’s very user-friendly and it’s robust enough for the novice and veteran trader.
What cryptocurrencies can I buy with Robinhood?
Currently, there are 7 cryptocurrencies available on Robinhood. Those 7 cryptocurrencies include:
- BTC – Bitcoin
- ETH – Ethereum
- ETC – Ethereum Classic
- DOGE – DOGE
- LTC – Litecoin
- BCH – Bitcoin Cash
- BSV – Bitcoin SV
What do I need to open an account?
You will need a phone to download the Robinhood app. Registration is fairly quick.
If you want to buy cryptocurrencies and/or Stocks, you will need to complete a KYC (Know Your Customer) process within the app. You will need a passport or official identification to complete the registration.
The process may take a few days to complete, but you can purchase crypto and stocks with a few taps on your device once your account is approved.
How do to get started?
When you click on this Robinhood link and register for an account, you will receive a FREE stock!
When you receive your FREE stock, we get one too! Thank you, Robinhood, for sharing the wealth with the community!