Robinhood Turns to Bitstamp as UK Crypto Trading Begins

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Robinhood has launchedcrypto trading in the UK, allowing eligible customers to buy and sell more than50 digital assets through its app.The service addscrypto trading to the same platform where UK customers can already accessstocks and shares ISAs, equities, options and futures. It is provided throughBitstamp UK Ltd, which is part of Robinhood’s crypto business.Robinhood had announcedplans in July to bring crypto trading to UK customers as part of a Europeanexpansion. The company said at the time that the service would launch in theUK, alongside other crypto products and its Robinhood Chain.Robinhood Builds UK Crypto BusinessThrough BitstampRobinhood said the newcrypto offering will have zero trading fees, with no account maintenance orcustody fees. It said the pricing is intended to provide a lower-costalternative to some existing UK platforms.Customers will be ableto trade cryptocurrencies including Bitcoin, Ethereum, XRP and Hyperliquid.“A new wave of UKinvestors sees digital assets as an important part of a diversified portfolio,”said Jordan Sinclair, President of Robinhood U.K. Ltd and General Manager ofBitstamp UK Ltd.“With today’s launch,we’re taking another major step toward becoming the all-in-one investmentplatform for the UK,” Sinclair added.The move builds onRobinhood’s existing crypto operations in the UK. The company acquired Bitstampin 2025, bringing the regulated digital-asset exchange into its wider cryptobusiness.Robinhood Expands Onchain Infrastructurewith ChainAlongside cryptotrading, Robinhood is introducing Cortex Digests for Crypto. The feature usesgenerative AI to analyse breaking news, market data, technical indicators andRobinhood’s proprietary information.Robinhood said CortexDigests will explain the factors affecting individual crypto assets in plainEnglish. It is designed to give users additional market context when assessingprice movements.The company is alsoexpanding its onchain infrastructure as part of its crypto offering.UK developers canbuild on Robinhood Chain, a Layer 2 blockchain built on Arbitrum and connectedto Robinhood’s onchain ecosystem. Robinhood describes the network as adevelopment environment for applications and services linked to digital assets.This article was written by Tareq Sikder at www.financemagnates.com.