why has robinhood blocked dogecoin

Last Updated on October 26, 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 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 …

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 …

Why can't I place a buy order on a cryptocurrency? – Robinhood

There are a few reasons why you may not be able to place a buy order: You don’t have enough buying power to place the trade.

Robinhood says its future is tied to Dogecoin. Seriously.

“If demand for transactions in Dogecoin declines and is not replaced by new demand for other cryptocurrencies available for trading on our …

Robinhood CEO Says Dogecoin Needs Bigger Blocks to Be …

Before Dogecoin can ever become “the future currency of the internet and the people,” Robinhood CEO Vlad Tenev says it needs to make a few …

Robinhood Suffers Crypto Trading 'Issues' as Ether, Dogecoin …

This isn’t the first time Robinhood has experienced platform issues. In January, Robinhood blocked trading in volatile stocks including …

Robinhood Blocks Cryptocurrency Trading, Blames …

Robinhood has restricted trading in cryptocurrencies a day after blocking new purchases of 13 stocks amid “extraordinary market conditions,” …

Robinhood Experiencing Cryptocurrency Trading Issues Amid …

“No, we didn’t place restrictions on $DOGE trading. This is false information,” Robinhood tweeted earlier in response to users alleging on social media that the …

Paganoto

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