Robinhood Expand Portfolio With Bitcoin Cash & Litecoin Listing, XRP Could Be Next

Source: Cryptodaily.co.uk, originally published on .

https://cryptodaily.co.uk/2018/07/robinhood-expand-portfolio-with-bitcoin-cash-litecoin-listing-xrp-could-be-next/.

Robinhood Expand Portfolio With Bitcoin Cash & Litecoin Listing, XRP Could Be Next

Investment management and cryptocurrency/stock trading app Robinhood have announced that they will be listing both Bitcoin Cash and Litecoin in order to expand their ever growing cryptocurrency portfolio.

Robinhood works by purchasing cryptocurrency from exchanges and then selling it on to their own customers. This in turn makes the purchase cheaper for the customer but still allows Robinhood to profit from the exchange, though the level of that profit is obviously dependant on the current market trends.

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