Robinhood Now Limits Crypto Trading Too
Popular trading app Robinhood confirmed that it is now limiting crypto trading due to “extraordinary market conditions.”
“Due to extraordinary market conditions, we’ve temporarily turned off Instant buying power for crypto. Customers can still use settled funds to buy crypto,” Robinhood spokesperson told CNBC, adding that they’ll “keep monitoring market conditions and communicating with our customers.”
Robinhood reportedly has around 13m users.
The app supports bitcoin (BTC), bitcoin cash (BCH), bitcoin SV (BSV), dogecoin (DOGE), ethereum (ETH), ethereum classic (ETC), and litecoin (LTC).
As reported, BTC rallied today as the world’s richest person Elon Musk endorsed the most popular cryptocurrency. Also, DOGE skyrocketed by almost 280% today.
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- Bitcoin Price Prediction: Alarming New Research Warns Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Protected?
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- Bitcoin Price Prediction: Satoshi’s Wallet Just Got $174K in BTC – Is the Creator About to Return?
- Solana Price Prediction: SOL Bounces 12% Overnight – But This One Signal Could Ruin Everything
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