Robinhood exchange adds support for Litecoin and Bitcoin Cash

Eren Sengezer FXStreet

Robinhood, a California-based cryptocurrency exchange app that offers no-fee trading, on Thursday announced that it was adding Litecoin and Bitcoin Cash to its platform.

According to the announcement, Robinhood now has over 5 million registered users.

Although there seems to be a positive reaction from the market to this development, the LTC/USD and the BCH/USD pair are still both down 3.75% and 3.45% respectively on the day as the negative sentiment surrounding the cryptocurrency market continues to dominate the price action on Thursday.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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