With the rise of the fintech, the use of an application to carry out its banking operations is a practice that returns more and more in everyday life. There is a large number of software packages, including Robinhood, a finance-oriented application that allows you to perform various actions. Discover here its features and benefits.
Robinhood: what is it?
Robinhood: Invest Save Earn is a banking application that offers you the opportunity to acquire stocks and options in companies. The application is available on Android, and iOS, but not directly on Windows. However, you can use the BlueStacks emulator to access the application on your Windows computer.
The software also allows you to invest in various funds and make financial transactions with cryptocurrencies. Cryptocurrencies such as Ethereum, Bitcoin and Dogecoin can be traded with this software. The latter has been proposed by Robinhood for 3 years and has already been downloaded over 5 million times.
What features are available on Robinhood?
The Robinhood app is not a bank in itself. But, it offers you the possibility:
To do trading;
To invest in different areas;
Manage your cash flow
To collect various financial information;
To have a financial portfolio easy to access.
Thanks to this software, you will benefit from almost every opportunity a bank offers. You will also be able to make considerable profits because very competitive annual APY percentage returns are offered.
Why download this application?
The Robinhood interface is very simple and very easy to understand. Access to features is intuitive. In addition, you will not have to worry about the security of your assets and information. Improved and regularly improved security protocols are integrated into the system. On the other hand, you can find up-to-date information and figures on the companies and the value of the shares you are interested in. In addition to these advantages, the software makes its services available to you without commission or minimum costs to have. Another important point to consider is that Robinhood's partner banks save you money on some operations.
What to remember? Robinhood is an application to download on your phone to invest in cryptocurrencies, and stocks, among other financial assets. The absence of commissions on the purchase and sale transactions is one of its main assets.