fbpx
  • About
  • Advertise
  • Contact
Friday, February 3, 2023
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
Economy.pk
Home Business

Robinhood crypto trading rose by 9.5M in the first quarter

bySidra Butt
April 9, 2021
in Business, Economy, Finance, New, World
Reading Time: 1 min read
0
Robinhood
94
SHARES
1k
VIEWS
Share on FacebookShare on Twitter

It’s been a big year for crypto, and Robin hood shared some stats today providing more evidence that the crypto boom is more than just hype — at least for now.

Christine Brown, Robinhood’s head of crypto operations, revealed that in the first quarter of 2021, 9.5 million of its customers traded crypto via the company’s platform. That’s up big time from the 1.7 million customers who traded crypto in the 2020 fourth quarter. The company first launched its Crypto unit in January of 2018 but hasn’t provided numbers in previous quarters.

RelatedPosts

Mobile phones, junk food, energy drinks banned in schools

Ishaq Dar greenlights plan to raise $2 billion from overseas Pakistanis

Pakistan’s textile sector exports witnessed a significant decline of 12.4%

In February, Robinhood revealed it had seen six million new customers on Robinhood Crypto in the first two months of this year alone. That compares to a peak of 401,000 in a single month in 2020, with a monthly average of about 200,000 customers.

Brown says the company’s intent behind launching Robinhood Crypto in the first place was to give its customers the opportunity to buy and sell cryptocurrency in addition to the range of assets offered through its brokerage, Robinhood Financial.

Robinhood Crypto currently offers seven tradeable coins: Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic and Litecoin. 

Brown also noted that Robinhood’s crypto team has already more than tripled since the beginning of the year

Tags: BrokerCryptocurrencyFinanceRobinhoodTrade
Sidra Butt

Sidra Butt

Related Posts

Mobile phones, junk food, energy drinks banned in schools

Mobile phones, junk food, energy drinks banned in schools

The Punjab School Education Department on Friday introduced stringent measures for students in Punjab private schools, banning mobile phones within...

Ishaq Dar greenlights plan to raise $2 billion from overseas Pakistanis

Ishaq Dar greenlights plan to raise $2 billion from overseas Pakistanis

Ishaq Dar, the finance minister, approved the raising of $2 billion from Pakistanis living abroad on Thursday in order to...

Next Post
automation

PM Imran points up the need for automation in business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Mobile phones, junk food, energy drinks banned in schools

Mobile phones, junk food, energy drinks banned in schools

ChatGPT sets record for 'fastest-growing' user base in history

ChatGPT sets record for ‘fastest-growing’ user base in history

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

PM Shehbaz Sharif Invites Ex-PM Imran Khan to All-Parties Conference Amid Daunting Challenges

PM Shehbaz Sharif Invites Ex-PM Imran Khan to All-Parties Conference Amid Daunting Challenges

Pakistan may face a shortage of x-ray films, warns importer

Pakistan may face a shortage of x-ray films, warns importer

All-rounder David Wiese thanks Lahore Qalandars for reviving his international career

All-rounder David Wiese thanks Lahore Qalandars for reviving his international career

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In