Crypto Order Routing
When you buy or sell crypto on Robinhood Crypto, we send your order to trading venues that allow you to receive competitive prices. We receive volume rebates from those trading venues.
Robinhood Crypto sources liquidity from multiple venues to provide competitive market pricing. Robinhood does not disclose the names of our execution venues, but we use a variety of trading partners, and therefore, we are not solely dependent on one venue for execution.
We settle regularly with all of our cryptocurrency trading venues, which ensures we have the smallest possible open position with any one platform at any given point in time.