Robinhood has been slowly yet steadily expanding their user base. Yesterday, Robinhood announced on their twitter that Texans can begin using their cryptocurrency trading services.
Texas, we’re not messing with you. You can now trade Bitcoin and Ethereum commission-free, on Robinhood Crypto. ? pic.twitter.com/iSSAisGZF8
— Robinhood (@RobinhoodApp) June 6, 2018
This addition should significantly expand Robinhood’s user base as Texas is the 2nd largest state in the United States by population. Texas is now the 16th state to be granted access to Robinhood’s services. Last month, New Mexico and Wisconsin were granted access.
Robinhood is a financial services company that allows trading of traditional stocks. The company added support for purchasing digital assets in late February of this year in 5 U.S. states. Currently, Robinhood clients can buy and sell Bitcoin and Ethereum on the platform. The company plans to add support for more digital assets in the future, as well as bring their crypto trading services to more U.S. states.
Below is a list of U.S. states that currently have access to Robinhood’s crypto trading services.
When Robinhood initially released, the only states that had access to the crypto trading services were California, Massachusetts, Missouri, Montana, and New Hampshire.