Robinhood and trading free of fees
In February a free App with an ironic name Robinhood for stock exchange will let users trade Bitcoin and Ethereum without fees. The company reported this on January, 25 on their blog. Furthermore, users will get to track prices on other cryptocurrencies, including Litecoin. The company launches the service based on attracting customers tired of paying comissions. "We plan to work at a zero, yet, and we don’t expect income in the near future" — said co-founder Vlad Tenev in the interview with TechCrunch. Robinhood was created by two Stanford University students in 2012 and has already had a similar app. Over 3 million people are currently using it.