Robinhood Crypto is also registered with FinCEN as a money services business. Have a legal U.S. Robinhood Crypto does not charge commission fees for trading crypto. 50 states or Puerto Rico (exceptions may apply for active U.S. Robinhood Crypto is currently available in every U.S. Check out Robinhood Crypto’s Fee Schedule for details. Other fees may apply, such as for Robinhood Connect. No commission on trades of crypto. District of Columbia, except for Hawaii. We do generate revenue through volume rebates from trading venues. As such, Robinhood Crypto is subject to and complies with the applicable requirements of the Bank Secrecy Act, and complies with the applicable money transmitter laws of U.S. 0.35 in rebates from its trading venues. Be a U.S. citizen, U.S.
Once you purchase crypto on Robinhood, Robinhood believes you’re the legal owner of the crypto. This gives you an additional layer of protection. You have all the rights and benefits of ownership, including the rights to appreciation and depreciation of the crypto. We also carry crime insurance that protects a portion of the assets held across our storage systems against losses from theft, including cybersecurity breaches. We hold the majority of your coins in cold storage, entirely disconnected from the internet.
Infrastructure powering Robinhood Crypto.
The policy is underwritten by certain underwriters at Lloyd’s, the world’s leading insurance marketplace, and placed by Lloyd’s registered broker, Aon. Robinhood Crypto, LLC is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Infrastructure powering Robinhood Crypto. If you’d like to learn more about how you can protect your account, including your cryptocurrencies, check out our Help Center article on security best practices. We also engage third-party security experts to test our systems, helping us build some of the most secure systems in the industry. Our Security Team routinely reviews code.
However, institutional clients can use expert insights, one-on-one consultations, account management support, and more. All clients can use Kraken’s mobile app access and educational resources. It indicates a confirmation of your intended interaction. It indicates a confirmation of your intended interaction. Check mark icon A check mark. What to look out for: Kraken’s futures mobile platform isn’t currently available to US traders. Check mark icon A check mark. In addition, only institutional and high-net-worth clients can utilize the exchange’s consultation and account management services.