Robinhood Crypto Launches in New York

Invest in Bitcoin, Ethereum, and other cryptocurrencies

We recently announced that Robinhood Crypto received the BitLicense and a money transmitter license to operate in New York. As of today, New Yorkers can officially invest in cryptocurrencies on Robinhood Crypto.

Currently, you can invest in seven cryptocurrencies on Robinhood Crypto: Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Ethereum Classic, Litecoin, and Dogecoin. You can also track price movements and news for those and 10 additional cryptocurrencies.

With New York, Robinhood Crypto is now available in 39 states–you can find the full list here.

Follow us on @RobinhoodApp to get notified when Robinhood Crypto is available in your state!

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New Charts on Robinhood Web

Indicators and candlestick charts for stocks and cryptocurrency

Over the next few weeks, we’re introducing improvements to our charts on Robinhood Web to help you better understand and analyze market trends and moves. You’ll be able to view candlestick charts for stocks and cryptocurrency, and add indicators to stock and crypto charts.

Candlestick Charts

Candlestick charts can help investors better understand how prices move. While a line chart shows you only the close price, each candlestick shows you four pieces of information: the open, high, low, and close price during a certain time period.

Go to any stock or crypto page and click the button near the top right corner of the page to switch between the “Line Chart” and the “Candlestick Chart.” Learn more about candlestick charts here.


Indicators can help you understand and offer more ways to visualize what's happening in the market, and are the foundation for various technical trading strategies. Now you can add these five indicators to any stock and crypto charts on Robinhood Web:

  • Volume

  • Simple Moving Average (SMA)

  • Exponential Moving Average (EMA)

  • Relative Strength Index (RSI), including Wilder's Relative Strength Index (Wilder's RSI)

  • Moving Average Convergence Divergence (MACD)

To view an indicator, go to any stock or crypto chart and click the button on the bottom right corner of the chart. The chart will appear in a new tab, and you’ll see an option to add indicators on the top right corner of the page. Learn more about indicators on our help center.

We’re always looking to make Robinhood even more powerful, and your feedback helps us prioritize which features we build first. These tools were among the most frequently requested—we’re excited for you to try them!

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New Additions to Robinhood Management

An impressive group of seasoned leaders is joining Robinhood’s management this spring. They will bolster our existing teams and keep us moving towards our mission of democratizing our financial system for everyone. The new team members join us from places such as the United States Securities and Exchange Commission, The Chan Zuckerberg Initiative, and Amazon. Many of our new team members are hiring for their teams and you can check out our openings here.

Rich Jackson is joining as our VP of Risk and Compliance, and will lead our enterprise compliance, audit, and risk teams. He previously spent eight years at KPMG, and the last 11 years in senior finance roles at Amazon. Most recently, he led the enterprise risk management, corporate compliance, and worldwide internal audit teams.

We’ve promoted Smeeta Ramarathnam to be our Deputy General Counsel, VP-Legal and Regulatory. In her new role, she will lead and manage regulatory relations, government and external affairs, and internal legal and compliance regulatory interpretation. Before Robinhood, she spent more than a decade at the United States Securities and Exchange Commission, in roles such as the Deputy Director of the Office of Credit Ratings and Chief of Staff to a Commissioner during the financial crisis and its aftermath.

We’re excited to announce that Scott Friedman is taking a new advisory role as VP of Compliance Affairs. In this enterprise role he will advise and maintain our regulatory posture, as well as continue to promote Robinhood’s already strong compliance culture.  He has been with Robinhood since inception as Robinhood’s President and Chief Compliance Officer for both Robinhood Financial and Robinhood Securities.

We’re welcoming John Castelly who is going to be Chief Compliance Officer for Robinhood Financial and Robinhood Securities, which power our core brokerage platform and our clearing system, respectively. John has served as trusted advisor and counsel in various legal and compliance functions throughout his career and joins us from Personal Capital, where he served as Chief Compliance Officer. John has also worked in senior legal roles at TD Ameritrade, and the SEC. He will eventually succeed Scott Friedman who is transitioning out of day-to-day operational management as Chief Compliance Officer.

In our Lake Mary, FL office, we’re welcoming Jim Swartwout, as our Head of Clearing Operations. Jim brings decades of securities and clearing experience to the table from posts as COO of Scottrade, President of tradeMONSTER (now OptionsHouse), and COO of E*Trade Clearing LLC. Chuck Tennant, who led Robinhood to self-clearing, is retiring from day-to-day operational management and shifting into a part-time advisory role.

Rich Cho is joining as our Head of Recruiting, with experience scaling massive engineering, design, and product organizations at Facebook and Dropbox, and most recently, leading all recruiting efforts at The Chan Zuckerberg Initiative.

If you’re interested in joining Robinhood, check out our open roles. We’re hiring across many teams, including Engineering, Design, Operations, Customer Experience, Recruiting, and more, in our Menlo Park, CA and Lake Mary, FL offices.

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A New Gold Experience

Introducing research reports and Level II market data

Last month we launched Robinhood Snacks to make it easier to keep up with the latest market news. As part of our continued effort to help you make more informed investment decisions, today we’re introducing an improved Robinhood Gold experience.

The new Robinhood Gold offers something for every investor. In addition to margin investing and bigger instant deposits, it now includes new premium features like in-depth research and data.

Premium Features

Morningstar Research Reports provide in-depth research for over 1500 stocks so you can learn what analysts think about a company’s outlook.

Nasdaq Level 2 Market Data shows real-time bids and asks for any stock so you can better determine the supply and demand for a stock at a certain price. This feature will be coming to Gold soon.

A New Experience

Now, for only $5 a month, you’ll get all new premium features and bigger instant deposits. If you’re eligible and choose to invest with margin, your first $1000 in margin is included, and you’ll pay 5% yearly interest on any amounts you borrow above that.

Whether or not you invest with margin, you’ll still get access to in-depth research and data, and bigger instant deposits.

Upgrade to Gold

You can start your free trial of Gold at any time in your Robinhood account.

If you already have Gold, look out for an email on how to upgrade to the new experience, or manage your Gold settings on Robinhood. Learn more about Gold here.

We hope you enjoy the new experience. Stay tuned for more new features!

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Robinhood Acquires MarketSnacks to Bring You Financial News

Introducing Robinhood Snacks – free, daily, digestible financial news

We’re thrilled to announce our acquisition of the media company MarketSnacks, a top-rated daily financial news podcast and newsletter. Today, we’re re-launching these products as Robinhood Snacks. As part of the acquisition, MarketSnacks Co-Founders Jack Kramer and Nick Martell are joining us as Managing Editors of News.

Over the past year, we added more resources to Robinhood to help you better manage your investments. We improved market news coverage on our platform, added discovery tools on mobile, and revamped our Help Center to better answer your questions. Robinhood Snacks is a major step towards building out these resources and helping you get more informed on market news.

Subscribe to Robinhood Snacks

Robinhood Snacks brings you digestible and easy to understand financial news you’ll enjoy. We’ll break down some of the trends and top stories shaping markets to help keep you informed about the news that affects your finances, decisions, and lives. Our newsletter gets you informed quickly in just three minutes, and our podcast breaks down the day’s news in 15 minutes. Starting today, anyone can subscribe to the daily and weekly Robinhood Snacks newsletters, and find the daily podcast, “Snacks Daily,” on Robinhood.

“In 2012, we co-founded MarketSnacks outside our bank jobs to make financial news more accessible and enjoyable for our generation. That aligns perfectly with Robinhood’s mission, and together we can inform millions of people every day. We’re honored to join forces with Robinhood and thankful for our incredible Snackers who helped get us here.” – Jack Kramer and Nick Martell, Managing Editors of News at Robinhood

Learn more about their story.

We’re excited to partner with Jack and Nick to bring financial news to our platform with the launch of Robinhood Snacks, and to work towards our mission to democratize the financial system. Welcome to the team!

– Josh Elman, VP of Product

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Robinhood Crypto is Coming to New York

Commission-free cryptocurrency trading will be rolled out in New York over the coming months

Today, Robinhood Crypto received a virtual currency license, also known as the BitLicense, and a money transmitter license in New York. This will allow New Yorkers to invest in cryptocurrencies on the Robinhood platform, and marks another important step towards our mission of democratizing the financial system.

With Robinhood Crypto, you can invest in seven cryptocurrencies including Bitcoin and Ethereum, commission-free. Robinhood Crypto is already available in over thirty states and will roll out in New York over the coming months.

As we introduce new financial products, we’re committed to partnering with regulators to ensure compliance with industry requirements. Today’s announcement is evidence of this commitment.

We’re excited to bring commission-free cryptocurrency trading to New York, and look forward to coming to more states soon.

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