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[aryan4]

Robinhood reported that the number of users increased to 6 million people. This rate means 3 million new members added in January-February, an increase of 100%.
Robinhood, Transaction allowed cryptocurrencies: --- Bitcoin --- Bitcoin Cash --- Bitcoin SV --- Dogecoin --- Ethereum --- Ethereum Classic ---- Litecoin ---
What do you think about this high rate of user growth?

 

[Brain]

This was bound to be not with the high level of people knowing about the Crypto world and the different coins one can invest in now. Truth be told people are more aware of the potential of cryto currency now

 

[Brain]

You are absolutely right As people come to know about the crpto currency, And increasingly people are turning to cryptocurrency for investment.The way crypto currency users are increasing Similarly the price of cryptocurrency is increasing.

That's right and this is why it looks like crypto is actually the future because people would gain more from it in years to come. If one can buy now to hodl for years it will be a lot better

 

[Niftyicon]

I wonder what pulled such a huge number of users towards the platform like over a 100% increase just in a couple of months. I guess crypto users have increased so much and have a bias towards Robinhood platform.

 

[Wisdom01]

The reason is that there has been high rate of people joining the crypto world and i think it increased due to the pandemic rate i think , just hope it stopped on time

 

[Brain]

I wonder what pulled such a huge number of users towards the platform like over a 100% increase just in a couple of months. I guess crypto users have increased so much and have a bias towards Robinhood platform.

The number of crypto currency users are over millions now, so the rate of users are really high now so each platform especially the good ones will be having good number of users now

 

[microunit]

I think the recent issues about gamestop propelled them higher in making them known by more people around the world, thought though that they might lose more users due to the boycott movement that some users were initiating

 

[Niftyicon]

The number of crypto currency users are over millions now, so the rate of users are really high now so each platform especially the good ones will be having good number of users now

Considering that we have so many exchanges even beyond counting, the competition seems quite high and robinhood being able to double its numbers in such is an impressive feat.

 

[Brain]

Considering that we have so many exchanges even beyond counting, the competition seems quite high and robinhood being able to double its numbers in such is an impressive feat.

Definitely, an impressive one I believe that when once a service is good. It won't take much to see people like to patronize such . It could as well be the case here

 

[Rollerkid]

The number of crypto currency users are over millions now, so the rate of users are really high now so each platform especially the good ones will be having good number of users now

That is the truth. Since the number of crypto currency users keep increasing everyday, good crypto currency services platforms will also have increase in their user based.

 

[achawaskey]

It means that many people have beginning to see that one can make a living with crypto and the jobless this pandemic has brought. The future is cryptocurrency.

 

[HMMY1]

This was bound to be not with the high level of people knowing about the Crypto world and the different coins one can invest in now. Truth be told people are more aware of the potential of cryto currency now

Using Robinhood to invest in crypto seems amazing.no trading fees,an app with a clean interface and credibility.Due to this specialty, people have more interest in it.

 

[Brain]

Using Robinhood to invest in crypto seems amazing.no trading fees,an app with a clean interface and credibility.Due to this specialty, people have more interest in it.

I don't think there's anyone that will ignore a site that have got no trading fees. It's a platform traders really want I which more will spring up for a good competition

 

[Brain]

You're right bro. Robinhood is an amazing trading platform, very popular in the crypto world. I'm not surprised by the steady inflow of new members. It is a user friendly trading platform for all.

This is what other trading platform should emulate. Make your platform user friendly and you would have more people patronizing it.

 

[Brain]

That's true, making it user friendly, accessible to all. Just like Robinhood, binance, okex, luno etc, to attract more users. I never liked coinbase, no matter how popular it is in the crypto industry. It is never a friendly exchange site for those coming from the lower tier countries.

Yeah though 8 have been using coinbase for a long while now especially for it's security but truth be told it isn't a friendly for us in the tier 2 countries which is not cool

 

[Brain]

Okay, if coinbase isn't friendly with you people from the tier 2 countries. It means it is worst here, the user experience is not looking nice. I just use it to send, receive that's all. I can't access trading features, get the actual value of my coin matching my country's fiat currency level, i can't convert one crypto to another. Those experience made me to liken binance by far better than coinbase.

I'm experiencing same bro, and it isn't funny. I wonder on the restrictions on us though.As I stated I'm just using them because of security reasons that's sll