Member-only story
Competition Heating Up in CryptoCurrency
Bitcoin | Ethereum | Dogecoin | Shiba Inu | Robinhood | Coinbase | Binance
Cryptocurrency is the new way of transferring financial transactions. If you do not believe me then look at this article from the lead of the FDIC. Remember the Bank's fees for ATM Withdrawals, wire transfers, and etc. Well, guess what with Crytpo that is out of the window for banks unless they get involved. They truly want to be on this train and are working hard to figure it all out.
Robinhood has met its match
The next thing heating up is the capability of trading with crypto. Remember that Robinhood made a lot of money with DogeCoin. Well, now the platform is in for a challenge. Now you have companies like Coinbase which already contains a wallet. You have Public which is becoming bigger by the minute. So what is Robinhood waiting for? I get it, they want to be the safe investor. Really what that means is that why want to just satisfy their current customers. Which most people are new to the crypto market and the unknown is scary.