Ethereum

Source

Bitcoin

A prominent trading platform, Robinhood’s latest Android update brings exciting new features for crypto trading. Now, Android users can set stop-loss and stop-limit orders, just like iOS users. This means users can automate their trades to avoid losses or lock in profits with ease. 
These new tools enable traders to avoid losses or guarantee profits; it is a great improvement for Android users who did not have such opportunities before. This <a href="https://robinhood.com/us/en/about/crypto/" target="_blank" rel="noreferrer noopener">update</a> is in line with Robinhood’s plans to improve its crypto offerings, which have gained significant traction among retail traders. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="586" height="258" src="https://www.cryptotimes.io/wp-content/uploads/2024/08/Robinhood-Enhances-Crypto-Trading-on-Android-with-New-Features.png" alt="Robinhood Enhances Crypto Trading on Android with New Features" class="wp-image-196952">
 <figcaption class="wp-element-caption">
 Source : <a href="https://x.com/RobinhoodApp/status/1825976379340632504" target="_blank" rel="noreferrer noopener nofollow">X</a>
 </figcaption>
 </figure>
</div> 
This update is likely to be well received especially given that Robinhood is still growing its user base. Through the synchronization of its Android and iOS features, Robinhood guarantees that the experience is similar on both platforms. 
Besides these changes, Robinhood also broadened its crypto services to the U.S. Virgin Islands and Puerto Rico where users can trade 15 cryptocurrencies including Bitcoin and Ethereum. This move places Robinhood in better standing than competitors such as Coinbase in expanding to the U. S. territories. 
Robinhood is now preparing to launch cryptocurrency futures in the United States and Europe with the help of Bitstamp licenses after acquiring the crypto exchange for $200 million. The company intends to start offering CME-based futures for Bitcoin and Ethereum and focus mainly on the American market. 
Robinhood has recently released an update for Android users that adds critical stop-loss and stop-limit options that were only available on iOS. This enhances the app’s utility and positions it to meet the evolving demands of the cryptocurrency trading community. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/08/08/robinhood-reports-161-surge-in-crypto-revenue-for-q2/" target="_blank" rel="noreferrer noopener">Robinhood Reports 161% Surge in Crypto Revenue for Q2</a> 
</blockquote>

Robinhood Android Update Adds Stop Orders for Crypto Trading

The Crypto Times

Other articles published on Aug 21, 2024

XRP Whales on the Move: 33M Coins Transferred to Binance as Price Drops

Tether to Launch UAE Dirham-Pegged Stablecoin with Phoenix Group

Tether Announces Dirham-Pegged Stablecoin to Enhance UAE Financial Ecosystem

Does Harris Want To Tax Your Unrealized Bitcoin Gains? Here’s What’s Going On

Story Protocol maker secures $80m to transfer IP rights onto blockchain

Investors flock to Rollblock presale as it surpasses $2.25M

Join our free newsletter for daily crypto updates!