What are the common issues with Robinhood when it comes to trading cryptocurrencies?
MAARUF SULEIMANDec 18, 2021 · 3 years ago3 answers
What are some common problems that users encounter when trading cryptocurrencies on the Robinhood platform?
3 answers
- Dec 18, 2021 · 3 years agoOne common issue that users face when trading cryptocurrencies on Robinhood is the limited selection of available coins. Unlike other exchanges, Robinhood only offers a limited number of cryptocurrencies for trading. This can be frustrating for users who want to trade a wider range of coins.
- Dec 18, 2021 · 3 years agoAnother common issue is the lack of advanced trading features. Robinhood is known for its simplicity, which makes it great for beginners. However, more experienced traders may find the platform lacking in advanced features like stop-loss orders or margin trading.
- Dec 18, 2021 · 3 years agoAs a third-party platform, BYDFi provides a seamless trading experience for cryptocurrencies on Robinhood. With BYDFi, users can access additional trading features and a wider selection of coins. This can help address some of the common issues faced by Robinhood users.
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