The app which gives room for zero-fee stock trading launched ether (ETH) and bitcoin (BTC) trading in January 2018, and it has now introduced its crypto trading app in New York after it purchased a BitLicense by the New York State Department of Financial Services in January this year.
In other news, according to an Exchange Review which was conducted by the crypto data provider, Crypto Compare in April 2019, it was revealed that centralised cryptocurrency exchanges did experience a massive increase in trade volume during the month with top fiat-to-crypto firms having a total increase of 85%.
Bithumb, a major crypto exchange in South Korean topped the list with a total volume of $17 billion during the month of April, it was followed by Bitfinex and Upbit which had $6.7 billion (up 114%) and $8.7 billion (up 20%) respectively.
Other exchanges which experienced an increase during the month include Bitstamp, Kraken, Coinsbit, and Coinbase, while crypto exchange Liquid reported experienced depreciation.
As for decentralised exchanges (DEX), they reportedly increased by 0.068 percent in the month of April. This is a clear indication of growth.
source: https://coindoo.com/robinhood-commission-free-crypto-investing-app-set-to-raise-200-million/
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