Robinhood is an Android investment application. Users buy and sell cryptocurrencies, invest in stocks and options as well as learn how to make competent financial transactions.
Tools for investing
With the app, you have access to the investment market. It is possible to trade popular cryptocurrency. Users sell and buy Bitcoin, Ethereum, Litecoin, Dogecoin and other digital money. You can also make profitable trades in stocks, ETFs and options. Some banks provide such features in their utilities, such as African Bank.
Robinhood is relevant not only for experienced traders, but also for beginners. The latter will find useful tools that allow them to better understand the financial market. For example, there are tutorials for all assets.
The utility provides access to real time market data. You will find news articles and analyst ratings. It is possible to set up notifications of important events that affect changes in quotations. All of these trading tools will allow you to react quickly to changes.
Benefits
Robinhood allows you to manage your money through a personal account. Users pay monthly bills, send checks and make other financial transactions. They can also get an interest rate on uninvested money.
The mobile app is only available to registered users. By the way, you get a free fractional promotion when you join the program.
Features
- the utility provides security tools to help keep the account safe;
- an opportunity to request shares in new companies;
- you will find educational materials about investments;
- the app is free to download and use;
- compatible with current versions of Android.