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Robinhood has 9,5 Million Crypto customers in Q1 – Why on earth are people still trading on Robinhood???

Robinhood has 9,5 Million Crypto customers in Q1 – Why on earth are people still trading on Robinhood???



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  1. Like it or not, Robinhood has a super slick and user-friendly UI, making it attractive for new investors. People who are just in it for the money don’t care that they don’t “own” the coins

  2. tldr; In February, Robinhood revealed it had seen six million new customers on Robinhood Crypto in the first two months of this year alone. That compares to a peak of 401,000 in a single month in 2020, with a monthly average of about 200,000 customers. Robinhood raised $200 million more at a new, higher $11.2 billion valuation in August.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. Because the majority of the population don’t do research. They jump on the bandwagon without actually researching what’s the underlying terms and conditions.

    Also add to the fact that Robinhood is quite popular among stock buyers and the user interface is beginner friendly.

  4. SS: After the fractional shares trading that happened with GME, how is still someone trading over on Robinhood. You do not own any Bitcoin over there and you have no right to claim your Bitcoin, get out asap!

  5. Because its easy. I started with etoro because Binance and most others exchanges looked intimidating. I’ve since settled with one that’s very easy to use and has a very good choice of coins.

  6. It’s because a lot of people just don’t care whether they actually own it or not they just want to make money. A lot of people just don’t care and they don’t browse Reddit to get the reminder every 2 hours that Robinhood sucks and that they don’t actually own anything and whatnot

  7. It’s “easier” for them
    And they got their debit card so easier to transact also.

    Bet after $COIN launches shortly after they release their own debit card…..then you will see a huge decrease in robin the hood users.

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