Why Did Robinhood Restrict Dogecoin

Last Updated on January 25, 2023 by Paganoto

Robinhood restricts crypto trading as bitcoin, dogecoin surge

Users reported that the trading app had halted instant deposits for crypto purchases on Friday. Robinhood confirmed the move, saying it was switching off instant deposits “due to extraordinary market conditions.” The move comes after dogecoin, a digital coin based on the popular “doge” meme, spiked as much as 800%.Jan 29, 2021

Robinhood restricts crypto trading as Dogecoin soars 300 …

Robinhood has started restricting cryptocurrency trading. The move follows Dogecoin’s 400 percent rise over the past 24 hours, as Robinhood …

Robinhood Denies Restricting Dogecoin Trading – Newsweek

Robinhood, the stock trading app, has denied placing restrictions on Dogecoin trades after some users reported seeing pending message …

Robinhood Restricts Crypto Trading Amid Bitcoin and DOGE …

Cryptocurrency exchange Robinhood has imposed some restrictions on cryptocurrency trading just as the prices of Bitcoin (BTC) and Dogecoin …

Robinhood slammed over crypto outage during Dogecoin surge

Robinhood flatly denied allegations that it had placed restrictions on Dogecoin trading. Alamy Stock Photo. The outage came as Dogecoin’s price …

Robinhood Restricts Cryptocurrency Trading Amid Dogecoin …

Robinhood Restricts Cryptocurrency Trading Amid Dogecoin Saga · XRP: Long-Term Investors Are Betting Big on Crypto Asset · Understanding Liquidity …

Dogecoin briefly broke Robinhood's crypto trading systems

In late January, Robinhood was criticized for temporarily restricting buying of GameStop (GME) and other “meme stocks” during a Reddit-fueled …

Robinhood Denies Restricting Dogecoin Trading, While …

What Happened: Robinhood has replied to a tweet claiming that the “users report that the platform is restricting Dogecoin trades,” saying …

Robinhood Restricts Crypto Trades Due to DOGE Rally

Robinhood has stopped trading activities for its cryptocurrency users. This action was due to the sudden spike in the prices of DOGE and BTC …

Robinhood Went Down Yet Again, This Time Due to Dogecoin …

Robinhood confirmed on Twitter that the partial outage ended after about an hour and a half, during which users were unable to buy or sell Dogecoin as the …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.