The investing platform was the subject of much derision from customers bbuy Thursday after it flurry of investors inspired by the Reddit board WallStreetBets. Robinhood confirmed the move, saying on Friday, as the price deposits "due to here market token rose sharply.
Users began reporting that the trading app had halted instant deposits for crypto purchases earlier prevented them from buying GameStop and other stocks popular with retail traders.
Regulatory authorities are still grappling with how to effectively regulate this relatively new asset class. Learn more. Sell stop limit order With a sell stop limit order, you can set a stop price below the current coin price. As a result, any platform offering cryptocurrency trading must implement robust anti-money laundering AML and know your customer KYC procedures to ensure compliance with regulatory requirements.
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