Robinhood and Libertyx Win Cryptocurrency Licenses
Robinhood Crypto and Libertyx have been granted with the license by the New York State Department of Financial Services, enabling them to trade cryptocurrencies. Both companies have win approval for selling and buying digital currency, as well as to provide cryptocurrency storage services throughout the State of New York.
Robinhood Crypto has now the right to trade and store 7 types of cryptocurrency:
- Bitcoin (BTC).
- Bitcoin Cash (BCH).
- Bitcoin SV (BSV).
- Dogecoin (DOGE).
- Ethereum (ETH).
- Ethereum Classic (ETC).
In the future, Robinhood Crypto will enlarge the list of cryptocurrencies, as well as its trading area (today, the company operates in 33 states). The company provides also margin trading facilities for its clients and does not ever charge any fee for buying and selling digital assets.
Libertyx can now sell Bitcoin at cryptocurrency ATMs. The company installed its first cryptocurrency ATM as far back as in 2014 and now it has an extensive ATM network throughout the United States. The Bitcoin cash ATMs enables the company’s users to easily and quickly buy BTC with a debit card. Libertyx is the first-ever American company licensed to install the crypto ATMs in New York.