Ethereum Classic is Now on Robinhood Crypto

You can now invest commission-free in Ethereum Classic

Starting today, you can invest in Ethereum Classic on Robinhood Crypto, commission-free.

You can also invest in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Dogecoin, as well as track market data for 10 other cryptocurrencies.

Robinhood Crypto is currently available in 19 states, and we’re working on expanding to more. You can view the full list here.

Learn more about investing in Ethereum Classic and other cryptocurrencies on our Help Center.

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Extended Market Hours, Free for Everyone

You can now invest pre-market and after-hours, for free

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To stay true to our goal of offering everyone the best financial products, we’re making extended market hours available to everyone on Robinhood, for free. 

Standard U.S. market hours are from 9:30 am to 4:00 pm Eastern. With extended market hours, you’ll be able to invest from 9:00 am to 6:00 pm Eastern. This means you can start investing 30 minutes before the regular market opens, and continue investing two hours after it closes. 

Here are two scenarios where having access to invest in extended market hours can be beneficial:

Earnings Announcements
Companies may announce quarterly earnings reports before or after regular market hours, resulting in price swings. With extended market hours, you can make investment decisions during these times of volatility.
 
Activity in Foreign Markets
News and activity in foreign markets, such as in the European and Asian markets, can affect U.S. stocks despite occurring outside of regular U.S. market hours. With the market hours extended, you can take action when you need to. 

Before today, investing during extended market hours was one of the features in Robinhood Gold. As a Robinhood Gold customer, you still have access to additional buying power and bigger instant deposits from your bank account. You can make changes to your Robinhood Gold settings in the app or on web.

Bringing extended market hours to everyone drastically improves the core Robinhood experience. We’re always working to make Robinhood even better, so stay tuned for more updates soon!

Learn more about Extended Hours.

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Dogecoin is Now on Robinhood Crypto

You can now invest commission-free in Dogecoin

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Starting today, you can invest in Dogecoin on Robinhood Crypto, commission-free. With last week's announcement of Litecoin and Bitcoin Cash, you can now invest in five different cryptocurrencies on Robinhood. 

We’re working hard to make Robinhood Crypto available to everyone, and it’s currently available in 17 states: AZ, CA, CO, FL, IN, MA, MI, MS, MO, MT, NJ, NM, PA, TX, UT, VA, and WI.

You can learn about Dogecoin on our Help Center.

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Litecoin and Bitcoin Cash, Now on Robinhood Crypto

You can now invest commission-free in Litecoin and Bitcoin Cash

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Since we launched Robinhood Crypto in February, our customers have voiced interest in buying and selling other cryptocurrencies beyond Bitcoin and Ethereum. We’re happy to share that starting today, you can buy and sell Litecoin and Bitcoin Cash, commission-free.

We’re working hard to make Robinhood Crypto available to everyone, and it’s currently available in 17 states: AZ, CA, CO, FL, IN, MA, MI, MS, MO, MT, NJ, NM, PA, TX, UT, VA, and WI. We also plan to further expand our coin offerings and add support for coin transfers.

In the meantime, everyone on Robinhood can monitor market data, read cryptocurrency news, and create price alerts for 16 coins: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Ethereum Classic, Zcash, Monero, Dash, Stellar, Qtum, Bitcoin Gold, OmiseGo, NEO, Lisk, and Dogecoin.

Thank you for all of your enthusiasm and product feedback, especially over the past several months. Together, we’ve reached over 5 million people across the entire Robinhood platform, and we look forward to sharing Robinhood with millions more so everyone can participate in the financial system.

You can learn about Litecoin and Bitcoin Cash on our Help Center.

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Introducing Multi-Leg Options Strategies

Unlock More Potential with Advanced Options Strategies

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Last December, we launched a more intuitive, cost-effective way for you to trade options. This was an important step in enabling you to easily manage all of your investments in one place. Since then, we’ve transacted over $2 billion in options premium volume, and we’re becoming one of the biggest options-trading platforms.  

Today, we’re introducing multi-leg options strategies on Robinhood, improving the options trading experience, and giving you more control over your investments. You can now trade multi-leg options strategies in a single order, and monitor these contracts together, commission-free.

Multi-leg options strategies have been one of the most frequently requested features by options investors on Robinhood. With multi-leg, you can trade Level 3 strategies such as iron condors, straddles, strangles, call and put debit spreads, and call and put credit spreads more efficiently, invest at a lower risk, and with less capital requirements. 

You can also monitor and close your options positions on Robinhood Web. In the near future, we’ll be bringing all options features available on the Robinhood App, to Web.

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Here’s a quick overview of options trading on Robinhood:

  • Commission-free, always: No commission and no per contract fee upon buying or selling options, as well as no exercise or assignment fees. On other platforms, options traders pay up to $6.95 + $0.75 per contract and up to $19.99 upon exercising and assignment.
  • Discover: This feature guides you through placing options trades. To help facilitate the decision making process, we removed unnecessary jargon, and added educational resources to help you learn how to buy a call or a put, the associated risks, and more. Soon, we’ll also automatically surface the most common options strategies in the market, simplifying the otherwise cumbersome options trading experience.
  • Intuitively designed: We redesigned the options trading experience by replacing traditional, complicated options tables with a more intuitive design, highlighting the most important information.
  • Stay informed: Market data for options investors streams in real-time, keeping you in the loop on the latest.
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Trade Options on Robinhood

To get started, download the latest version of Robinhood from the App Store or Google Play, and sign up for options trading. More information about options trading can be found in the Help Center, and in the options risk disclosure document.

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See What We’ve Been Building For You

Web, Crypto, Options, & More

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We continuously strive to improve our products to provide you with the best experience, and empower people to participate in the American financial system. Here’s an update on the progress we’ve made over the past few months to deliver on this promise.

New Tools on Web

Just like on the Robinhood App, you can now track and invest in Bitcoin and other cryptocurrency on Web. You can also monitor and close your options positions, with additional options functionality coming soon.

Collections, Now on the Robinhood App

We’re thrilled to bring one of your favorite Web features, Collections, to the Robinhood App. Collections help you discover new stocks organized by sectors such as “Oil and Gas,” “Entertainment,” and “Social Media,” as well as curated categories such as “Female CEOs.”

Robinhood Crypto

  • More States: Over the past few months, we’ve launched cryptocurrency trading in 13 states (AZ, CA, CO, FL, MA, MI, MS, MO, MT, NM, PA, UT, WI) and look forward to making cryptocurrency trading available in more states.
  • Feed: Share instant status updates when you buy or sell Bitcoin or Ethereum in the Robinhood App, or simply tune in to the discussion to stay on top of what’s happening in the cryptocurrency world.
  • Price Alerts: We’re rolling out real-time push notifications to alert you of significant price swings for tradeable cryptocurrency on your Watchlist.

Robinhood Options

We recently released Discover, a feature that guides investors through placing options trades. To help facilitate the decision making process we removed unnecessary jargon, and added educational resources to help you learn how to buy a call or a put, the associated risks, and more.

So, What’s Next?

Over the next couple months, we’ll be launching new tools for options trading across our platform such as more advanced options strategies, and more comprehensive discovery tools to support them. Robinhood Crypto will continue to launch in more states, and you’ll be able to track and invest in additional coins. You’ll also be able to better keep track of and manage your stock referrals on Web.

We don’t want to spoil all the surprises, so check back here or on Twitter @RobinhoodApp for the latest.

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