What Crypto Can I Buy on Robinhood?
What Crypto Can I Buy on Robinhood?
Robinhood, the popular online brokerage platform, has made it easier than ever for individuals to invest in cryptocurrencies. If you’re looking to buy crypto on Robinhood, you’re in luck. This article will guide you through the available cryptocurrencies, their details, and how to get started.
Available Cryptocurrencies on Robinhood
As of the latest update, Robinhood offers a variety of cryptocurrencies for you to invest in. Here’s a list of the available options:
| Crypto | Symbol | Market Cap | Price |
|---|---|---|---|
| Bitcoin | BTC | $1,000,000,000,000 | $50,000 |
| Ethereum | ETH | $200,000,000,000 | $2,000 |
| Binance Coin | BNB | $100,000,000,000 | $500 |
| Cardano | ADA | $80,000,000,000 | $1.50 |
| Polkadot | DOT | $70,000,000,000 | $30 |
| Chainlink | LINK | $50,000,000,000 | $20 |
| Litecoin | LTC | $50,000,000,000 | $200 |
| Uniswap | UNI | $50,000,000,000 | $30 |
| Bitcoin Cash | BCH | $50,000,000,000 | $1,000 |
| Stellar | XLM | $50,000,000,000 | $0.10 |
| EOS | EOS | $50,000,000,000 | $5 |
| TRON | TRX | $50,000,000,000 | $0.01 |
Keep in mind that the market cap and price of these cryptocurrencies are subject to change at any time.
How to Buy Crypto on Robinhood
Buying crypto on Robinhood is a straightforward process. Here’s a step-by-step guide to help you get started:
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Sign up for a Robinhood account if you haven’t already.
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Log in to your Robinhood account and navigate to the “Trade” section.
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Enter the name or symbol of the cryptocurrency you want to buy in the search bar.
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Click on the cryptocurrency you want to buy, and you’ll see the current price and available order types (market, limit, stop, etc.).
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Enter the amount you want to buy and choose the order type.
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Review your order and click “Buy” to complete the transaction.
Understanding Cryptocurrency Risks
Before investing in cryptocurrencies, it’s crucial to understand the
