Coincu
Robinhood
Crypto Exchanges

Robinhood

6.3/10
Score
Robinhood
Crypto Exchanges

Robinhood Review

6.3/10
Fair
Robinhood
Robinhood
By Andrej Gjorgievski · Contributing Author
Verdict

Robinhood's appeal is clarity. No commission, no withdrawal fee, free ACH in and out, and a clean app that takes seconds to use. For a US investor who wants Bitcoin or Ethereum alongside their stocks, nothing about the experience gets in the way. The trade-off is depth. The coin list runs to about 130 names with little long tail, staking arrived only in mid-2025 at a 25% platform cut, and crypto-native trading stops at BTC, ETH, SOL, and XRP futures on the desktop tool. The coin list is the real gate: if what you want isn't on it, no other feature compensates. Use Robinhood if you want cheap, clean access to the majors in a regulated US broker. Skip it if your next buy is a niche altcoin it doesn't list.

Pros
  • Free ACH both ways, with instant deposit access
  • Standalone self-custody wallet app for on-chain
  • Crypto sales on one 1099 with Form 1099-DA
  • 24/7 live chat plus phone support
  • Tight spreads on liquid majors like BTC & ETH
Cons
  • Coin list still trails dedicated exchanges
  • Staking takes a steep 25% of yield
  • Spread replaces a visible commission
  • Crypto features are thin and basic
  • Staking off in 4 states, coin limits in NY/TX

FAQ

Written by
Andrej Gjorgievski
Contributing Author
Fact-checked by
Nate Whitehill
Last updated
Jul 15, 2026