{"id":37074,"date":"2021-02-26T11:33:34","date_gmt":"2021-02-26T09:33:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=37074"},"modified":"2025-08-29T09:41:11","modified_gmt":"2025-08-29T06:41:11","slug":"robinhood-crypto-platform-audience-grows-by-6-million-in-january-february","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/robinhood-crypto-platform-audience-grows-by-6-million-in-january-february\/","title":{"rendered":"Robinhood Crypto Platform Audience Grows by 6 Million in January\u2013February"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">The number of users of the Robinhood mobile app for trading cryptocurrencies rose by 6 million in the first two months of this year.<\/span><\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">First-time buyer? Long-term <a href=\\\"https:\/\/twitter.com\/hashtag\/HODLer?src=hash&#038;ref_src=twsrc%5Etfw\\\">#HODLer<\/a>? \ud83d\ude80 This year, six million of you used Robinhood Crypto for the first time to buy and sell <a href=\\\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\\\">#crypto<\/a>. We fully intend to provide the ability to deposit and withdraw cryptocurrencies.\ud83d\udca5 Learn more: <a href=\\\"https:\/\/t.co\/8VQhKtWB32\\\">https:\/\/t.co\/8VQhKtWB32<\/a> <a href=\\\"https:\/\/t.co\/rwsVdlNIg3\\\">pic.twitter.com\/rwsVdlNIg3<\/a><\/p>\n<p>\u2014 Robinhood (@RobinhoodApp) <a href=\\\"https:\/\/twitter.com\/RobinhoodApp\/status\/1365059313572732931?ref_src=twsrc%5Etfw\\\">February 25, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p><span style=\\\"font-weight: 400;\\\">For comparison, Robinhood Crypto&#8217;s average monthly user growth in 2020 stood at 200,000 users, and by July it was twice as high.<\/span><\/p>\n<div id=\\\"attachment_126090\\\" style=\\\"width: 1410px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-126090\\\" class=\\\"size-full wp-image-126090\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26021.png\\\" alt=\\\"\u0410\u0443\u0434\u0438\u0442\u043e\u0440\u0438\u044f \u043a\u0440\u0438\u043f\u0442\u043e\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u044b Robinhood \u0437\u0430 \u044f\u043d\u0432\u0430\u0440\u044c-\u0444\u0435\u0432\u0440\u0430\u043b\u044c \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 6 \u043c\u043b\u043d\\\" width=\\\"1400\\\" height=\\\"700\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26021.png 1400w, https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26021-300x150.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26021-1024x512.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26021-768x384.png 768w\\\" sizes=\\\"auto, (max-width: 1400px) 100vw, 1400px\\\" \/><\/p>\n<p id=\\\"caption-attachment-126090\\\" class=\\\"wp-caption-text\\\">Data: Robinhood.<\/p>\n<\/div>\n<p><span style=\\\"font-weight: 400;\\\">Client transaction sizes during this period ranged from $200 to $750, averaging about $500.<\/span><\/p>\n<div id=\\\"attachment_126093\\\" style=\\\"width: 1410px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-126093\\\" class=\\\"size-full wp-image-126093\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26022.png\\\" alt=\\\"\u0410\u0443\u0434\u0438\u0442\u043e\u0440\u0438\u044f \u043a\u0440\u0438\u043f\u0442\u043e\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u044b Robinhood \u0437\u0430 \u044f\u043d\u0432\u0430\u0440\u044c-\u0444\u0435\u0432\u0440\u0430\u043b\u044c \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 6 \u043c\u043b\u043d\\\" width=\\\"1400\\\" height=\\\"700\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26022.png 1400w, https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26022-300x150.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26022-1024x512.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Robinhood26022-768x384.png 768w\\\" sizes=\\\"auto, (max-width: 1400px) 100vw, 1400px\\\" \/><\/p>\n<p id=\\\"caption-attachment-126093\\\" class=\\\"wp-caption-text\\\">Data: Robinhood.<\/p>\n<\/div>\n<p><span style=\\\"font-weight: 400;\\\">Launched three years ago, the app supports trading Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic and Litecoin.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Elliptic researchers suggested that Robinhood may own a wallet containing <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-names-robinhood-the-largest-holder-of-dogecoin\"><span style=\\\"font-weight: 400;\\\">28% of Dogecoin&#8217;s supply<\/span><\/a>.<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier, Elon Musk described the issue as \u201ctoo much concentration\u201d of the coins and <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-urges-major-dogecoin-holders-to-sell-a-portion-of-their-coins\">proposed to pay<\/a> Dogecoin whales to cancel their accounts.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">At the end of January, Robinhood was accused of colluding with hedge fund Melvin Capital and market maker Citadel after halting trading of several assets amid the <a href=\"https:\/\/u1f987.com\/en\/news\/skybridge-capital-chief-calls-gamestop-stock-pump-a-positive-sign-for-bitcoin\">GameStop stock pump<\/a>.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">At U.S. congressional hearings, co-founder Vlad Tenev denied this.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In late 2020, Robinhood agreed <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-to-pay-65-million-to-settle-sec-claims\">to pay $65 million<\/a> to settle regulator claims.<\/span><\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of users of the Robinhood mobile app for trading cryptocurrencies rose by 6 million in the first two months of this year.<\/p>\n","protected":false},"author":1,"featured_media":37075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,1234],"class_list":["post-37074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-robinhood"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=37074"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37074\/revisions"}],"predecessor-version":[{"id":37076,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37074\/revisions\/37076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/37075"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=37074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=37074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=37074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}