Wondering why would anyone buy crypto using coinbase? When it charges you whereas you can buy from robinhood for free? The price seems very similar. What am I missing? #investments #crypto
Well for those who don't know there are actual uses for crypto lmao RobinHood owns your crypto, you don't.
How does it matter if I don’t want to use the coins for transactions and just for investment purpose?
Unless you store the coins in an interest account
Fees vs spread
If you buy bitcoin regularly, use Swan. Its the cheapest I’ve seen and you can automate withdrawals to your wallet.
first,you don't own your coin, but you must just want to invest it is okay. second, always remember there is no free lunch. but people naively wanted something for free, and they usually end up paying much more. And that is the case with Robinhood with hiding cost in your order
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You don’t own the crypto on robinhood.