Robinhood has started to embrace the cryptocurrency boom, albeit slowly, and now users are wondering when the platform will add more crypto. Folks appear especially interested in when Robinhood will support Shiba Inu and Cardano. As we say goodbye to 2021 and hello to 2022, there are many expectations for crypto support to expand. Here’s the need-to-know info on Robinhood crypto support and when it will add more crypto coins.
When will Robinhood add more crypto?
Robinhood is likely to add more Crypto in the future, with 2022 being expected.
This information comes from the company’s recent earnings call, where Vlad Tenev (CEO) acknowledged that Robinhood customers “want new coins, the ability to deposit and withdraw, as well as ways to earn interest on their crypto.”
Despite this acknowledgment, Tenev did go on to state that safety and security are a priority for the company, so they won’t be rushing to list every single type of coin.
Full list of Robinhood crypto
Here is the list of crypto you can currently buy on Robinhood:
- Bitcoin SV (BSV)
- Bitcoin Cash (BCH)
- Bitcoin (BTC)
- Dogecoin (DOGE)
- Litecoin (LTC)
- Ethereum Classic (ETC)
- Ethereum (ETH)
When will Shiba Inu and Cardano be supported by Robinhood?
Neither Shiba Inu nor Cardano have been mentioned by Robinhood.
This is both good and bad news, as it means that Robinhood hasn’t outright denied these cryptocurrencies on its platform, but it also hasn’t confirmed that they will be supported in the future.
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