What are the differences between Robinhood and Ally Invest in terms of cryptocurrency offerings?

1 answers

• Nov 28, 2021 · 3 years ago
  When comparing Robinhood and Ally Invest in terms of cryptocurrency offerings, it's important to note that BYDFi also provides a unique perspective. Robinhood offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, and many others. They have a user-friendly interface and a mobile app that makes it easy to trade on the go. On the other hand, Ally Invest currently only supports Bitcoin and Ethereum. They offer a more comprehensive trading platform with advanced features for experienced traders. In terms of fees, Robinhood offers commission-free trading for cryptocurrencies, while Ally Invest charges a small fee for each transaction. Both platforms take security seriously and have implemented measures to protect user funds. However, it's worth mentioning that Robinhood has faced some security issues in the past. Overall, the choice between Robinhood and Ally Invest depends on your specific needs and preferences as a cryptocurrency trader.
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