Robinhood setup new Lunch Table!

Robinhood announced they will be adding cryptocurrencies into their trading platform. They may start with Bitcoin (BTC), Ethereum (ETH) and add other currency in coming days. It’s amazing move by them and quick adaptation by them, or may be little late into the game.

Robinhood’s primary users are millennials and over last 1 year many of the millennials investing into cryptocurrencies instead of stock market. So basically other crypto exchanges and startups like Coinbase are eating into their lunch. So Robinhood’s plan to setup their own lunch table (adding crypto into their platform) is good adaptability and expanding their base.

With Robinhood into the game, it will bring more credibility for crypto currencies and better user experience. Also for competitors like Coinbase, Kraken it’s time to up their game.