Robinhood, the well-known California-based cryptocurrency trading platform, has expanded its services to a new region in the United States.
Robinhood has officially announced that residents of Nevada, a state in the western United States, can now trade digital assets such as Shiba Inu on their platform. This news was shared on Robinhood’s official X account.
Robinhood Crypto is now available in Nevada!
Buy, sell and transfer 15 cryptocurrencies! See list 🔗 https://t.co/er9TOpJm9Q
More info: https://t.co/uFJGPLZKQ8
— Robinhood Help (@AskRobinhood) October 25, 2023
Shiba Inu Now Available for Trading in Nevada
Robinhood has announced that residents of Nevada and certain other U.S. states can now trade Shiba Inu on its platform with zero fees or commissions. The company revealed this news in a recent update on their platform.
Robinhood Crypto follows specific regulatory approvals for different U.S. states. In total, the platform allows users to buy, sell, and access real-time market data for 15 digital assets. This selection includes cryptocurrencies like Shiba Inu, Bitcoin, Ethereum, Chainlink, and Dogecoin.
However, it’s important to note that some coins, such as Shiba Inu, Uniswap, and Stellar Lumens, are not available for trading by residents of New York.
Robinhood Provides XRP Market Data but Not Trading in Nevada
Robinhood Crypto offers real-time market data for 50+ digital assets, including XRP, ADA, and SOL.
They may consider adding the ability to buy and sell these tokens in the future.
Robinhood Crypto is available in all U.S. states except Hawaii.
The platform prioritizes top-tier security measures to protect users’ crypto assets, with most holdings stored in cold storage, no lending or leveraging against assets, and regular audits.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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