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Robinhood's Crypto Customers Can Now Trade Aave and Tezos
The popular trading app now offers 19 crypto assets.
By Helene Braun
Updated Oct 24, 2022, 9:30 p.m. Published Oct 24, 2022, 2:35 p.m.
Trading app Robinhood Markets (HOOD) has added support for cryptocurrencies aave (AAVE) and tezos (XTZ) to its platform, the company announced on Twitter on Monday.
- The native crypto currency of decentralized lending platform Aave, AAVE, has gained 7% over the past 24 hours and is up 18% in October. The token is down 75% over the past year.
- XTZ was little changed on Monday and is down modestly this month. It has also dropped roughly 75% over the past year. An open-source smart contract platform used to issue new digital assets and create decentralized applications (dapps), Tezos recently announced a partnership with Shopify.
- Robinhood now offers 19 crypto tokens for trading on its app, including bitcoin (BTC), ether (ETH), Solana's SOL and Polkadot's DOT.
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