Connect with us

Featured news

XRP misses out as Rhode Island begins BTC, LTC, and ETH trade

Published

on

XRP
READ LATER - DOWNLOAD THIS POST AS PDF

Robinhood, a financial company based in California has recently declared that it will begin the trade of major cryptocurrencies: Bitcoin, Litecoin, and Ethereum on its platform (surprisingly Ripple’s XRP not included), Robinhood Cryptocurrency.

Indeed, this comes as great news as it will allow 4 million potential investors to trade not only on cryptos but on stocks, bonds, ETFs and also other features that have been rolled out by the financial company.

It is important to know that these features are slowly being released to the platform users that reside in these American states: Massachusetts, California, Montana, Missouri, New Hampshire, Alaska, Arizona, Colorado, Florida, Georgia, Indiana, Iowa, New Jersey, New Mexico, Oklahoma, Pennsylvania, Rhode Island, Texas, Utah, Virginia, and Wisconsin. The company has stated its features will be released to other states as time goes by.

At the time of the launch, RobinHood stated on its Twitter page:

As per the tweet by Robinhood, the major cryptocurrencies and other digital assets can be traded without commission on them. The addition of Bitcoin, Litecoin, and Ethereum on RobinHood sums up the cryptocurrencies on its platform to sixteen as it has added other cryptos such as monero, Zcash, Dash, Qtum, Stellar, Bitcoin Gold, Lisk, Omisego, Dogecoin, and NEO.

Furthermore, RobinHood has also stated that it is rolling out some kind of news feed for its users. The Feed will help to update its users on current cryptocurrency news and so on. However, the news feed would only be accessible to some users only on its platform.

The trading of cryptos by American citizens have boosted the platform. After the platform announced it would be adding more cryptos with a commission-free feature, the number its users in America increased.

Robinhood has stated this,

Over the past few weeks, we’ve been overwhelmed by the enthusiasm towards RobinHood Crypto and are excited to contribute to the cryptocurrency community in a meaningful way. Together, we reached four million users and well over $100 billion in transaction volume on our brokerage platform, leading to over $1 billion in commissions saved in equity trades. With the release of RobinHood Crypto, we’re continuing our mission of making the financial system work for everyone, not just the wealthy.”

This is a major stride for RobinHood, but there is no doubt that it will face a stiff rivalry from Coinbase – a popular crypto-exchange. Coinbase on the other hand has increased its investments as news of the procurement of $500 million from TigerGlobal surfaced recently.

RobinHood has been doing very well ever since its launch. But at one time, it was accused of selling users’ information. Meanwhile, RobinHood later responded to the allegations that it is a reputable company, and it would never reveal users’ information for personal gains.

The third largest cryptocurrency, Ripple (XRP) hasn’t been added to the list yet, but the company has stated that more cryptos will be added very soon. On that note, a crypto fan, Rad Gnarlinmouse, stated:

“The app is nothing without #XRP.”

For the global insights every crypto trader must have, apply for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of JakeWilliamHeckey/Pixabay

Bitcoin

Basic Guide on How to Spend Bitcoin and Other Cryptocurrencies

Published

on

Bitcoin and other cryptocurrencies
READ LATER - DOWNLOAD THIS POST AS PDF

In recent years, Bitcoin and other cryptocurrencies have entered more into the mainstream. Most people walking down the street have at least heard of Bitcoin. While a lot of people got involved in the buying and selling of cryptocurrencies to try and make a quick buck, most people who are enthusiastic about the world of blockchain are in it for the long haul. 

These are usually the people who are going to be more likely to actually use their Bitcoin and other cryptocurrencies as a payment tool and not just as a storage of wealth or a trading tool. This guide looks at a few different ways in which you can use your Bitcoin in spending capacity. 

Crypto Debit Cards

Perhaps the easiest way for you to spend your cryptocurrency is by linking up your holdings to a debit card. 

These days, many of the leading card providers such as MasterCard and Visa have these types of crypto-linking debit cards. These cards can be used just like you would a normal debit card that is linked to your fiat currency bank account. 

Naturally, the most popular type of crypto debit card is going to be for Bitcoin, but there are other cryptocurrencies catered for also. 

Prepaid Cards

There…

Continue Reading

Featured news

Win a Zero Gravity Experience and €50,000 in BitStarz Space Level Up Adventure!

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

In a galaxy far, far away, there was an online casino like no other. Giving players a chance to win epic trips around the galaxy, tons of cash, the latest tech and, of course, cozy space adventure gear. To kick off the new year, BitStarz Casino is proud to announce the launch of its latest rocket-fuelled promotion Space Level Up Adventure!

There is an incredible Zero Gravity experience in the heart of the good ol’ USA up for grabs, with €50,000 in individual prize pools, tons of super cool BitStarz merchandise, and even the latest MacBook Pro.

What are you waiting for? Read on to get the lowdown on how you can win all of this and much more!

Heading to the Edge of Space

When it comes to Space Level Up Adventure, the name of the game is, well, leveling up, with there being 40 fun-filled levels to go through. Each level presents a fresh challenge with new prizes to win, so keep on pushing if you want to win that Zero Gravity experience.

The first player to rocket to Level 40 will win tickets for two all the way to the United States. Once you’re in the US, you will be whisked away by a private chauffeur to your luxurious hotel to…

Continue Reading

Featured news

Stake.com integrate Tron – billions of bets expected in 2020

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

Well on their way to 13 billion bets, Stake has fast become the world’s biggest crypto casino since their 2017 launch. 

Tron is the newest addition to their platform, which is already catching the eye of the market through their brilliance in simplicity, as well as their newest sports product. 

With 13 billion bets already across their casino and sports platforms, there is potential forStake to take over one billion bets with Tron within the next 12 months. 

Implementing Tron was a no-brainer to go alongside the goal to incorporate a more efficient coin into their platform. 

With a transaction fee of almost zero and the ability to process 2000 transactions per second, the effectiveness and efficiency of this network is something that has attracted major players in the industry; none bigger than Stake. 

A unique part of the network, Tron has its own extension on the web – TronLink. Recommended and backed by the TRON Foundation, the recent extension sees the independent currency partner with the first and most popular Tron wallet. 

No longer solely a casino, Stake has begun to revolutionise the crypto sports betting landscape through their design and in-site atmosphere. 

With some sportsbooks taking up to 500 million bets per year, Stake have set a precedent with 12 billion…

Continue Reading

Elite