US-based stock and crypto trading app Robinhood has added support for LTC and BCH amid growing interest in the altcoins.
US-based stock and crypto trading app Robinhood announced on Thursday it has added support for Bitcoin Cash and Litecoin in response to growing investor interest in the altcoins.
The additions come after Robinhood began offering commission-free trading of Bitcoin and Ethereum earlier this year.
“Since we launched Robinhood Crypto in February, our customers have voiced interest in buying and selling other cryptocurrencies beyond Bitcoin and Ethereum,” Robinhood said in a blog post, adding that it plans to further expand its coin offerings.
Bitcoin Cash currently ranks as the fourth-largest digital currency, with a market capitalization of $11.7 billion, according to Coins.
Robinhood, which achieved a $5.6 billion valuation in May at the conclusion of its $363 million Series D funding round, also announced that it plans to add support for coin transfers.
The firm further revealed in its Thursday blog post that it has topped five million users across the entire Robinhood platform – a two million person increase from December 2017.