Why Did Robinhood Stop Trading Dogecoin

Last Updated on June 2, 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 Denies Restricting Dogecoin Trading – Newsweek

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

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 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 crypto trading crashed during a Dogecoin spike

Robinhood experienced a partial cryptocurrency trading outage during a spike in Dogecoin prices. This is the second time it’s happened in …

Robinhood slammed over crypto outage during Dogecoin surge

The disruption enraged Robinhood users who accused the startup on social media of intentionally blocking them from cashing in on the Dogecoin …

Robinhood Restricts Crypto Trades Due to DOGE Rally

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

Robinhood's Fate Now Rests With Dogecoin – The Motley Fool

Whether the trades in question involve stocks, stock options, or cryptocurrencies, Robinhood makes about 80% of its money through a …

Robinhood Bans DOGE Trading After WallStreetBets Reddit …

Robinhood Halts Dogecoin Trading … Robinhood has reportedly banned DOGE trading earlier today, perhaps under pressure from Wall Street and …

Buy Dogecoin – DOGE Price Today, Live Charts and News

Dogecoin News More than $600 million was liquidated from crypto markets on Friday as Bitcoin BTC/USD, Ethereum ETH/USD and Dogecoin DOGE/USD shed over 10% of …

Paganoto

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