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RE: Robinhood Crypto Goes Live Today!
Definitely a big bump for cryptocurrency. I'm curious though how does robinhood make any money when the offer fee-free trading?
Definitely a big bump for cryptocurrency. I'm curious though how does robinhood make any money when the offer fee-free trading?
They earn interest on your unused cash balances and they also make money when users upgrade to Robinhood Gold, which is essentially a margin account that you pay a monthly fee to have access.
I wasn’t sure how that worked thanks for posting!