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Thus, it is a solid choice for investors who don't want to get into the complexities of crypto trading.
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As of 2020, its valuation stands out to be $ 11.2 billion and has 13 million users. Robinhood entered the online brokerage scene in 2013 and immediately gained disruptor status by offering commission free. I too was a victim of this for a bit. Robinhood recently announced it plans to enable deposits of bitcoin and there are plenty of alternatives to buying crypto on robinhood. Robinhood doesn't even charge option contract fees, which is pretty.
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Robinhood gold customers are invited to top up their investments by paying $5 a month to trade in the company's margins or borrowed money.
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