Robinhood Rolls Out Crypto Futures Trading
Robinhood is broadening its range of services by now offering futures trading for the S&P 500, oil, Bitcoin, and other assets. The brokerage firm has announced that it has already begun introducing futures trading.
However, an official launch date for the wider availability of these futures instruments has not been specified by the American broker.
A dedicated page on Robinhood’s website also reveals that the platform will soon offer futures trading for forex pairs, cryptocurrencies, indices, and commodities.
On the page, Robinhood lists four crypto futures products: Bitcoin Futures, Micro Bitcoin Futures, Bitcoin Friday Futures, and Ether Futures. These products will all be settled in cash. Additionally, the website states that the platform will provide “low commissions” as well as free and real-time market data.
