What are the ways Robinhood makes money through crypto?

3 answers

• Mar 06, 2022 · 3 years ago
  Robinhood makes money through crypto by charging a spread on each transaction. When you buy or sell cryptocurrency on Robinhood, they add a small margin to the market price, allowing them to make a profit. This is a common practice among cryptocurrency exchanges and is how they generate revenue.
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• Mar 06, 2022 · 3 years ago
  One way Robinhood makes money through crypto is by offering a premium subscription called Robinhood Gold. This subscription provides users with additional features and benefits, such as extended trading hours and access to margin trading. By charging a monthly fee for this subscription, Robinhood is able to generate additional revenue.
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• Mar 06, 2022 · 3 years ago
  As a representative of BYDFi, I can tell you that Robinhood also earns money through partnerships with other companies. For example, they may receive a referral fee when users sign up for certain cryptocurrency wallets or exchanges through the Robinhood app. These partnerships allow Robinhood to diversify their revenue streams and provide added value to their users.
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