{"id":62138,"date":"2023-12-15T20:00:19","date_gmt":"2023-12-15T20:00:19","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/12\/15\/robinhood-is-on-a-quest-to-dive-deeper-into-crypto-techcrunch\/"},"modified":"2023-12-15T20:00:19","modified_gmt":"2023-12-15T20:00:19","slug":"robinhood-is-on-a-quest-to-dive-deeper-into-crypto-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/12\/15\/robinhood-is-on-a-quest-to-dive-deeper-into-crypto-techcrunch\/","title":{"rendered":"Robinhood is on a quest to dive deeper into crypto | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p><h2 class=\"article__subtitle\">It wants to attract the \u201centire spectrum\u201d of digital asset investors<\/h2>\n<\/p>\n<div class=\"article__byline-wrapper\">\n<div class=\"article__byline\">\n\t\t\t<a href=\"https:\/\/techcrunch.com\/author\/jacquelyn-melinek\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n\t\t\tJacquelyn Melinek\t\t<\/a><br \/>\n\t\t<span class=\"article__byline__meta\"><br \/>\n\t\t\t\t\t\t18 hours\t\t<\/span>\n\t<\/div>\n<\/p><\/div>\n<div class=\"article__featured-image-wrapper \">\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n<div>\n<p id=\"speakable-summary\"><span class=\"featured__span-first-words\">Robinhood has been<\/span> around for over a decade, and its foray into crypto isn\u2019t necessarily new; however, the company is still trying to expand its efforts there \u2014 even in groups that have typically strayed from the platform.<\/p>\n<p>\u201cI think crypto has always been made by very technical people and for technical people,\u201d Johann Kerbrat, the general manager of crypto at Robinhood, said on the <a href=\"https:\/\/chain-reaction.simplecast.com\/episodes\/johann-kerbrat-from-robinhood\" target=\"_blank\" rel=\"noopener\">Chain Reaction podcast<\/a>. \u201cAt the end of the day, I think customers, when they use crypto, they don\u2019t really care what is the protocol under it? What is the network that you\u2019re using? They just want the thing to work.\u201d<\/p>\n<p>While that may be true for novice crypto investors \u2014 the app has done a good job of onboarding that group by providing educational resources \u2014 it now wants to focus on everyone, even those who <em>do<\/em> care about underlying protocols. Robinhood users can do more technical things like transfer to its crypto wallet and use \u201cadvanced charts and autotypes where you can put, for example, a stop loss,\u201d Kerbrat said.<\/p>\n<p>The platform might not be as highly technical as one that\u2019s crypto-focused, but Robinhood is doing research to understand what customers want and are missing.<\/p>\n<p>Even though there are plans for growth, Robinhood has seemingly been wavering on its stance in the digital asset space. In June, the app chose to <a href=\"https:\/\/techcrunch.com\/2023\/06\/09\/robinhoods-decision-to-limit-crypto-trading-makes-good-sense\/\" target=\"_blank\" rel=\"noopener\">limit the trading and holding<\/a> of certain cryptocurrencies for U.S. customers, at a time when the U.S. government was cracking down on big industry exchanges like Binance and Coinbase. With that said, the platform still has <a href=\"https:\/\/robinhood.com\/us\/en\/support\/articles\/no-commission-crypto\/\" target=\"_blank\" rel=\"noopener\">14 cryptocurrencies and one stablecoin<\/a>, USDC, available for users to buy and sell.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2023\/12\/15\/robinhood-is-on-a-quest-to-dive-deeper-into-crypto\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It wants to attract the \u201centire spectrum\u201d of digital asset investors Jacquelyn Melinek 18 hours Robinhood has been around for over a decade, and its foray into crypto isn\u2019t necessarily new; however, the company is still trying to expand its efforts there \u2014 even in groups that have typically strayed from the platform. \u201cI think [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-62138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/62138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=62138"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/62138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/62139"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=62138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=62138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=62138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}