Rally

Wednesday

Bitcoin

Gold

<ul class="wp-block-list">
 <li>Robinhood has introduced the awaited desktop platform.</li>
 <li>It allows users to trade index options and futures on the benchmark S&amp;P 500 index, oil and bitcoin.</li>
</ul>
The fintech company Robinhood, democratized finance with commission-free trades has launched its desktop platform. The firm further introduced futures and index options trading on its mobile app, on Wednesday at HOOD Summit 2024. The firm aims to compete with the traditional brokerages.&nbsp;
Robinhood CEO Vlad Tenev <a href="https://x.com/vladtenev/status/1846701469430333618" rel="noopener noreferrer nofollow">rev</a><a href="https://x.com/vladtenev/status/1846701469430333618" target="_blank" rel="noopener noreferrer nofollow">e</a><a href="https://x.com/vladtenev/status/1846701469430333618" rel="noopener noreferrer nofollow">als</a> that the first thousand early access spots to the firm were claimed in 46 seconds. Moreover, the trading platform <a href="https://newsroom.aboutrobinhood.com/the-legend-awakens/" target="_blank" rel="noopener noreferrer nofollow">offers</a> users the capability to have up to eight charts in a single window with dozens of settings and access to the candle, line, and other chart types.&nbsp;
Robinhood’s redesigned platform is available to users at no additional cost. Moreover, it offers advanced trading indicators with real-time data updating at sub-second intervals. Besides, it allows users to trade futures on the benchmark S&amp;P 500 index, oil, and <a href="https://thenewscrypto.com/will-these-triggers-propel-bitcoin-into-an-uptober-rally/" target="_blank" rel="noopener noreferrer nofollow">bitcoin</a>, among others. Tenev further mentioned the accessibility of index options trading in the coming months, with extended-hours trading.
JB Mackenzie, VP and GM of Futures and International at Robinhood mentioned that, with the lowest fees and a refined mobile user interface in the industry, it allows customers to trade quickly and efficiently.&nbsp;
The Robinhood Gold subscribers can trade futures for as low as $0.50 per contract, while non-Gold customers should pay $0.75. Robinhood investors can benefit from the 60/40 tax rule, where 60% of gains are taxed as long-term capital gains.
On the other side, the Robinhood <a href="https://thenewscrypto.com/robinhood-expands-european-services-with-new-features-for-crypto-transfers/" target="_blank" rel="noopener noreferrer nofollow">expansion</a> includes major cryptocurrencies such as Bitcoin and Ethereum, including Bitcoin contracts, micro Bitcoin futures, Bitcoin Friday futures, Ethereum futures, and micro Ethereum futures.
Highlighted Crypto News&nbsp;
<a href="https://thenewscrypto.com/bitcoin-sends-buy-signals-while-sustaining-uptober-price-rally/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Sends Buy Signals While Sustaining Uptober Price Rally</a>

Robinhood Debuts Bitcoin and Stock Futures Through Its New Platform

TheNewsCrypto

Other articles published on Oct 17, 2024

Decentralized AI Summit at MIT votes OriginTrail, powered by Polkadot, as the best decentralized ...

Web3 provider says access to quantum computing is a ‘human right’

Play-to-Earn: The balance between fun and profit in Web3 gaming

Upbit Announces Listing of a New Altcoin, Price Makes a Huge Jump!

BlockDAG’s $99M Presale – Major Exchange Eye Network – Cardano Declines and Notcoin Make Moves

FoxLetFun (FLF): The Meme Coin with Real Potential and a Purpose

Join our free newsletter for daily crypto updates!