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Robinhood and Coinbase offer crypto trading with unique perks that may appeal to you. An average day trader with knowledge can use Robinhood’s potential, whereas an experienced trader who moves .
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You can buy and sell Coinbase (COIN) and other stocks, ETFs, and options commission-free on Robinhood with real-time quotes, market data, and relevant news. Other Robinhood Financial fees may apply, check rbnhd.co/fees for details.
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The company similar to Coinbase also offer a Pro tier, cash management accounts. Buying and selling of fractional shares, options and bitcoin. In theory, Robinhood competes in the same space as Coinbase however, their offering is centred around share buying and selling. Robinhood currently offers the below services:
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Robinhood follows the playbook of a traditional stockbroker. Through the app, you can buy stocks and exchange-traded funds on the stock market, but it also has a limited menu of cryptocurrencies..
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Will Coinbase Be on Robinhood? By Money Morning Staff Reports, Money Morning • April 8, 2021 The Coinbase IPO date was recently set for April 14. It will go the route of a direct listing and trade.
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Robinhood stock dropped about 6% in after-hours trading after reporting lower-than-expected earnings on October 26th. In Q3, total revenue has increased 35.2% year-over-year to $365 million, missing analysts estimates by $72.55 million. However, HOOD reported a GAAP EPS of ($2.06), surpassing Wall Street expectations by $0.45.
Like Coinbase, in order to buck the downtrend, Robinhood will need to print a high followed by a higher low. Robinhood has resistance above at $17.08 and $19.89 and support below at its all-time .
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By comparison, Robinhood only offers seven coins, and you can also buy these on Coinbase, including Dogecoin: Bitcoin (BTC) Bitcoin Cash (BCH) Bitcoin SV (BSV) Dogecoin (DOGE) Ethereum (ETH).
COIN: Better Buy for 2022: Coinbase vs. Robinhood Markets
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