On Friday, Robinhood, the Californian FinTech startup, founded in 2013, which launched a zero-commission crypto trading service in February, announced that the service had now become available in two more U.S. states: Arkansas and Tennessee.
The Robinhood mobile app lets U.S. customers trade cryptocurrencies, stocks, ETFs, and options commission-free all within one app.
When Robinhood Crypto first launched in February 2018, the only two cryptocurrencies supported that you could trade were Bitcoin and Ether; also, the service was only available in four states.
By 12 July 2018, as reported in the Robinhood blog, support for trading two more cryptocurrencies – Litecoin and Bitcoin Cash – had been added, and the service had expanded to 17 States.
July 16th and August 6th saw Robinhood add trading support for Dogecoin and Ether Clssic respectively.
As for expansion of the service to other U.S. states, since July 31st, the service has become available to customers in 7 more states: Iowa; Georgia; ; Alaska; Oklahoma; Rhode Island; Arkansas and Tennessee.
Selling subscriptions to “Robinhood Gold”, which costs $10 – $200 per month, and allows margin trading.