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Robinhood Launches Crypto Trading API for US Users

May 31, 2024
Reading Time: 2 mins read
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Robinhood Launches Crypto Trading API for US Users

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Robinhood, the inventory buying and selling software, has formally launched its cryptocurrency buying and selling API for customers from the US.  The replace permits Bitcoin traders to create buying and selling algorithms for cryptocurrency markets.

From the newly launched API, different customers can commerce programmatically, interact themselves with real-time markets in cryptocurrency, and even incorporate algorithms to finish their trades effectively.

Nonetheless, Crossroads, a crypto analyst noticed $HOOD hit a 52-week excessive with innovation. Expectations soar as Robinhood surpasses base case.

$HOOD One other 52 week excessive for Robinhood. Why?

The buybacks do not harm, and including 33% extra AUC for retirement in a month helps. It is a story of relentless execution, enchancment, and innovation, equivalent to at the moment’s announcement.

Robinhood goes to smash by means of my $26 base… pic.twitter.com/TTrGSwq0UX

— Crossroads (@Kross_Roads) May 30, 2024

Johann Kerbrat, VP and GM of Robinhood Crypto, said “With our new crypto buying and selling API, prospects can create customized merchandise tailor-made to their particular wants and construct personalised instruments for crypto buying and selling,” 

Whereas it offers superior buying and selling choices, the API is suited to skilled merchants who need refined instruments and abilities to handle advanced buying and selling methods. For this person group, Robinhood offers improved safety and processing of knowledge together with analytics companies. Robinhood gives the bottom value to commerce crypto on common, mixed with commission-free crypto buying and selling.

Additionally learn: Robinhood Moves Close to Settle GameStop Meme Stocks Suit





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