Robinhood Unveils AI-Powered Trading Agent for Cryptocurrency Derivatives
Retail brokerage firm Robinhood has announced the launch of an AI-powered trading agent for its customers. This new feature will allow users to trade around the clock, with a specific focus on cryptocurrency derivatives.
The AI agent will enable users to trade in up to 10x leveraged perpetual contracts, which are popular among crypto traders due to their high liquidity and flexibility. However, it's worth noting that these types of contracts also come with higher risks.