Robinhood Expands UK Crypto Trading with Zero Fees
Roland Quittmann, CEO of Robinhood Markets, Inc., announced on Monday that the company is expanding its UK crypto offering.
The move involves launching cryptocurrency trading for UK investors through Bitstamp UK Ltd. This will allow users to access over 50 cryptocurrencies within the same app used for stocks and shares ISAs, equities, options, and futures.
Roland Quittmann notes that Robinhood is offering zero trading fees and no account maintenance or custody fees, with a 0.10% FX fee for UK customers (and a 0.30% weekend FX fee for certain conversion windows).
The company is also introducing Cortex Digests for Crypto, an AI-powered tool providing breaking news, market data, technical indicators, and proprietary insights to explain crypto price movements in simple language.