Robinhood Announces Support for Bitcoin and Ether Futures
Robinhood has announced its upcoming support for Bitcoin and Ether futures, as well as traditional commodities like oil and the S&P 500.
The goal of this expansion is to attract a wider range of investors, specifically those who are interested in more advanced trading options.
This new feature will be available directly within the Robinhood app, following the company’s reported plans to list crypto futures in the US and Europe.
Robinhood’s Vice President and General Manager of Futures and International, JB Mackenzie, emphasized the platform’s unique approach to futures trading, which includes low fees and a user-friendly design.
He believes that these new features will simplify, accelerate, and streamline the trading process for users.