Robinhood launches zero-fee crypto trading for UK investors across 50+ digital assets via Bitstamp UK Ltd, with AI-powered market digests.
DeFi & Yields ·
Robinhood has launched cryptocurrency trading for UK investors, rolling out access this week to over 50 digital assets including Bitcoin, Ethereum, and XRP through Bitstamp UK Ltd. The offering includes zero trading, account maintenance, and custody fees, though users will pay a 0.1% foreign exchange fee on weekdays and 0.3% on weekends. Jordan Sinclair, President of Robinhood UK LTD and General Manager of Bitstamp UK LTD, positioned the launch as a step toward building an all-in-one investment platform for the region.
The expansion introduces Cortex Digests for Crypto, an AI-powered feature that summarizes market news and technical indicators for individual assets. The timing aligns with momentum around Robinhood Chain, Robinhood's proprietary blockchain, which has generated over $18 billion in decentralized exchange trading volume since its global launch and accumulated more than $840 million in total value locked.
What remains unclear is the full scope of UK user eligibility criteria, the timeline for complete rollout beyond this week's initial phase, and whether the zero-fee structure and FX rates may shift as the service scales or market conditions change.