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Robinhood Becomes First Platform to Offer 24/7 Crypto Phone Support

Customers can request a call within the Robinhood app, with a targeted response time of within 30 minutes.

Updated May 11, 2023, 5:48 p.m. Published Oct 5, 2021, 6:51 p.m.
(Robinhood)

Robinhood, the online brokerage platform that went public in July, is introducing 24/7 phone support for users with inquiries about their investments, including crypto. The service makes it the first crypto platform to offer all-hours phone support, stealing a march on crypto exchange Coinbase, which has pledged to offer something similar by the end of the year.

Users with queries or problems will request a call within the app. Robinhood aims to have a representative with expertise in the field call back within 30 minutes of the request, crypto lead Christine Brown told CoinDesk.

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Customers will be notified when they are next in line to be contacted. They will also be provided with the number that will be used for the call so they know it is genuine.

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Robinhood is expecting “a wide range of questions” from its users, Brown said.

“Customers can request phone support for all issues or questions, including all trading and security issues as well as all crypto questions,” she said. “Even super-simple questions such as ‘What is a wallet?’ or ‘What is the difference between bitcoin and bitcoin cash?’ can be addressed, as well as standard support issues to do with their account, trades, etc.”

Read more: Robinhood to Roll Out Crypto Wallet Fully by Early 2022

Robinhood has approximately 2,700 support staff (including contractors) based across the U.S. to field such inquiries.

In the coming months, Robinhood also plans to offer technical support over the phone to customers who cannot log into their accounts.

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Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index

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The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.

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  • Strategy (MSTR) will remain in the Nasdaq 100 index despite a major reshuffle, which saw several household names dropped.
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