Robinhood Markets

Initially established to provide commission-free trading of stocks and exchange-traded funds (ETFs), Robinhood expanded its offerings to include cryptocurrency trading in February 2018

Founded in 2013 by Vladimir Tenev and Baiju Bhatt, and headquartered in Menlo Park, California, Robinhood is a financial services company that offers a variety of investing products and services.

Initially founded to provide commission-free trading of stocks and exchange-traded funds (ETFs), the company later expanded to include cryptocurrency trading in February 2018, beginning with Bitcoin (BTC) and Ether (ETH).

As of February 2025, the company's stock price had reached $56.06. It also reported a remarkable 400% increase in cryptocurrency trading volume in the fourth quarter, reaching $70 billion.

Having traditionally operated within the US and UK markets, the company extended its cryptocurrency trading services to the European Union in December 2023, allowing users in member countries to trade a range of digital assets.

Looking ahead, the company plans to enter the Asian market by late 2025, with Singapore serving as its regional base.

Founded in 2013 by Vladimir Tenev and Biagio "Baiju" Bhatt, and headquartered in Menlo Park, California, Robinhood is a financial services company that offers a variety of investing products and services.

Initially founded to provide commission-free trading of stocks and exchange-traded funds (ETFs), the company later expanded to include cryptocurrency trading in February 2018, beginning with Bitcoin (BTC) and Ether (ETH).

The company's stock price had reached $56.06 by February 2025. It also reported a remarkable 400% increase in cryptocurrency trading volume in the fourth quarter, to $70 billion.

Having traditionally operated within the US and UK markets, the company extended its cryptocurrency trading services to the European Union in December 2023, allowing users in member countries to trade a range of digital assets, such as Bitcoin (BTC), Ether (ETH), Solana (SOL), Dogecoin (DOGE) and Litecoin (LTC).

The platform is known for updating its cryptocurrency offerings regularly, considering regulatory developments and user demand. However, it’s worth noting that the company does not offer crypto-to-crypto trading pairs, meaning that users cannot exchange one cryptocurrency for another within the platform. Instead, they can trade each cryptocurrency directly against fiat currency — specifically, the US dollar (USD).

For deposits and withdrawals, the company exclusively supports transactions in US dollars. Users can fund their accounts via bank transfers and use those funds to purchase cryptocurrencies.

The company's platform is known for its clean design, rendering it user-friendly for both novice and experienced investors. Users have the flexibility to personalize their dashboards to display investments and market data that align with their preferences.

For instance, those interested in technical analysis can set up charts with technical indicators like moving averages and Bollinger Bands to inform their trading decisions.

To register on the platform, users must complete three steps: providing personal details, verifying identity and setting up a preferred trading style.

The third step of the registration process varies depending on the country of registration. For instance, in the UK, a valid National Insurance (NI) number is required instead of a Social Security number.

Additionally, the company carries out a Know Your Customer (KYC) process. In the US, users must be at least 18 years old, possess a valid Social Security number and have a legal US residential address within the 50 states, Puerto Rico, or the US Virgin Islands. Active US military personnel stationed abroad may be subject to different requirements.

The company's platform is often praised for its trading experience.

In October 2024, the company introduced 'Legend,' a browser-based desktop platform specifically designed for advanced traders, offering customizable layouts and the ability to display up to eight charts simultaneously. This platform provides technical indicators such as moving averages and Bollinger Bands to aid traders in making informed decisions.

Alongside its desktop platform, the company has expanded its mobile app capabilities by introducing futures trading and index options.

This allows users to trade various futures contracts, including those based on the S&P 500 index, oil and Bitcoin, with low fees and nearly 24/7 availability. The addition of index options provides traders with more diversified investment opportunities, boosting the platform's appeal among those seeking advanced trading instruments.

As of February 2025, the company offers trading for over 30 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Dogecoin (DOGE) and Litecoin (LTC).

The platform is known for updating its cryptocurrency offerings regularly, considering regulatory developments and user demand. However, it’s worth noting that the company does not offer crypto-to-crypto trading pairs, meaning that users cannot exchange one cryptocurrency for another within the platform. Instead, they can trade each cryptocurrency directly against fiat