Robinhood Brings Crypto to the UK
Robinhood has launched cryptocurrency trading in the UK, expanding its services beyond share dealing. Eligible customers can now access more than 50 digital assets through the Robinhood app.
The rollout begins this week and includes popular tokens such as Bitcoin, Ethereum, XRP, and Hyperliquid. Trading is provided through Bitstamp UK, a cryptoasset service provider registered with the Financial Conduct Authority.
UK customers will not be charged for trading, account maintenance, or custody fees, but they will pay a 0.10% foreign exchange fee and a 0.30% weekend foreign exchange fee on certain conversions.
Jordan Sinclair, President of Robinhood UK and GM of Bitstamp UK, linked the launch to changing investor behaviour, stating 'A new wave of UK investors sees digital assets as an important part of a diversified portfolio.'