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Robinhood: Cryptocurrency has added 6 million users since 2021, a more than tenfold increase over the same period last year

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Leapfrog growth.

Robinhood has added 6 million new users to its crypto business since the beginning of 2021, up from 401,000 in the same period last year, the company said on February 26.


 

In addition, an average of about 200,000 users a month will trade cryptocurrencies on Robinhood for the first time in 2020; From 2020 to 2021, the average transaction size of users on the platform has steadily increased, with the average transaction amount currently around $500.

 

 

It is understood that Robinhood currently offers seven tradable bitcoins, including Bitcoin, Bitcoin Cash, BSV, Dogecoin, Ethereum, Ethereum Classic and Litecoin.


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