Robinhood rolls out crypto trading in UK with more than 50 assets

Robinhood has begun offering cryptocurrency trading to eligible UK customers, giving users access to more than 50 digital assets through Bitstamp inside its main investing app. Summary Robinhood has launched crypto trading for eligible UK customers with access to more than 50 digital assets. Crypto trades are provided through FCA registered Bitstamp UK, which Robinhood acquired for $200 million last year. The service has no trading, custody or account maintenance fees, while foreign exchange fees start at 0.1%. Robinhood has also introduced Cortex Digests for Crypto, an AI powered tool for analyzing crypto price movements. The launch follows Robinhood’s FCA crypto registration on July 31 ahead of the UK’s new authorization regime. According to a Bloomberg report, the rollout starts this week and brings crypto trading alongside Robinhood’s existing UK products, which include equities, stocks and shares ISAs, options and futures. Customers can buy and sell assets including Bitcoin, Ethereum, XRP and HYPE, with the trades handled by Bitstamp UK Ltd. Robinhood acquired the long-running crypto exchange for $200 million last year and has since used the business to support parts of its in...