Signup Requirements

Email address / SMS Verification

Full KYC requires proof of identity and your ID.

Minimum Balance

Robinhood do not require a minimum balance.

Bonus Crypto

Make your first deposit within 30 days of opening your account to receive up to $600

Cryptocurrencies Supported

Robinhood supports Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, Shiba Inu, Aave, Tezos, Avalanche, USD Coin, Chainlink, Uniswap, Stellar Lumens, Compound, and Eth Classic.

Types of Trading

Robinhood offers market and spot trading. Robinhood also offers stop loss and limit price.

Ease of Use

Robinhood is easy to use to purchase Bitcoin and other cryptocurrencies. Limited options make it as basic as possible to own crypto.

Ease of Access & Security

Robinhood can be accessed through mobile or PC. Robinhood also has a mobile app.

Multi-layer user authentication is used to protect your assets.

Earn Cryptocurreny

Robinhood does have some learn an earn options for cryptocurrency.

Conclusion

Robinhood is a trusted stock trading platform popular for being able to purchase stocks including fractional stocks. Although there are limitations to your crypto on stock broker accounts it is an easy way to dive into owning your first Bitcoin without all the new terminology of a cryptocurrency exchange.