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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.
Traders can now buy and sell AAVE and XTZ on Robinhood's app. (Unsplash)
Traders can now buy and sell AAVE and XTZ on Robinhood's app. (Unsplash)

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.
RobinhoodTezosAaveCrypto

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