Commission Free Cryptocurrency Investing
We’re excited to release Robinhood Crypto to customers on a state-by-state basis. Check out our growing list of states below!
Don’t see your state? Don’t worry–you’ll receive an email and an in-app notification when your account is ready for Crypto.
Robinhood Crypto also supports real-time market data for the following cryptocurrencies:
We also plan to support the ability to buy and sell other cryptocurrencies through Robinhood Crypto. Keep in mind that supporting market data for individual cryptocurrencies does not necessarily mean we plan to add buying and selling.
Robinhood Crypto doesn’t support ICOs at this time.
Robinhood Crypto is currently available to customers in the following states:
We’re working hard to make Robinhood Crypto available in as many states as possible, as quickly as possible.
Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. Your brokerage account is with Robinhood Financial LLC and allows trading of equities and options, while cryptocurrency trading is done through an account with Robinhood Crypto, LLC. Cryptocurrencies are not stocks and Robinhood Crypto is not a member of FINRA or the SIPC. Your cryptocurrency investments are not covered by either FDIC or SIPC insurance.
Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are generally not backed nor supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies.
Purchasing cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing.
Cryptocurrency trading can be extremely risky. Cryptocurrency trading may not generally be appropriate, particularly with funds drawn from retirement savings, student loans, mortgages, emergency funds, or funds set aside for other purposes. Cryptocurrency trading can lead to large and immediate financial losses. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur, for example, when the market for a particular cryptocurrency suddenly drops, or if trading is halted due to recent news events, unusual trading activity, or changes in the underlying cryptocurrency system.
Any information about Robinhood Crypto on any Robinhood website (including www.robinhood.com and blog.robinhood.com), the Robinhood platform, e-mails, or any other communications, are meant for informational purposes only and are not intended as an offer, solicitation, or advertisement for Robinhood Crypto or any goods or services offered by Robinhood Crypto.