Robinhood Gives Crypto Community the Notion of Tron (TRX) Being Next Coin Added to Trading App
The popular trading app that charges no fees for trading, Robinhood, recently hinted on Twitter that it might be adding TRON (TRX) to its platform in the future. On Twitter, the company said that they are ‘definitely’ hoping to add more coins moving forward. Additionally, they mentioned that they are very aware of the demand for Tron.
Although there is little information in this Tweet, the company mentioned Tron as a possible new virtual currency to add.
We're definitely hoping to add more coins moving forward, and we're aware of the demand for Tron. Stay tuned for any Robinhood Crypto updates!
— Robinhood Help (@AskRobinhood) December 6, 2018
At the time of writing, Robinhood supports trading for different but recognized virtual currencies in the market. These are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE) and Ethereum Classic (ETC).
Robinhood has been in the news during this year for offering trading services to users without paying for fees. At the same time, it offers its services to many different states in the US.
In general, TRON has a very active community that is always asking platforms and projects to list the virtual currency. A few weeks ago, the cryptocurrency exchange Binance added TRON to the Binance Info Gold Label Project in order to provide clear and accurate information about the TRON ecosystem and the virtual currency.
At the time of writing, TRX is being traded for $0.01326 and it has a market capitalization of $878.42 million.
The crypto platform Robinhood has also been in the news due to the fact that it was selling users orders to other companies for a few cents. This is how the company was able to sustain itself and offer free trading services. However, several crypto enthusiasts in the community did not like the decision that was taken by the company.
The firm sells data to high-frequency trading (HFT) firms on Wall Street. Additionally, Robinhood must disclose these transactions to the U.S. Securities and Exchange Commission (SEC).