Tuesday, July 10, 2018

Crypto on Robinhood

I bought $10.00 worth of Bitcoin on Robinhood today. I didn't need to buy it, but I did anyways, because I love the Robinhood App and I want to try out all of the features available.

What's nice about having crypto on Robinhood is that I can now remove my crypto from other platforms, which results in fewer usernames/passwords to remember.

As of right now, you can't send your bitcoin to other people, or buy things with it, it's just for trading. I'm not sure what Robinhood's plans are for the future, but with the other platforms that I've bought Bitcoin with, you "own" the actual bitcoin and are able to send it to others or other platforms.

I'm not expecting outrageous gains with this purchase, but it's fun to watch and keep track of while I'm already checking my stocks on Robinhood.

Signed,

Mitch

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