why is robinhood restricting dogecoin

Last Updated on October 17, 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 …

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

Restrictions on your affiliate account can result in restrictions on your crypto account. For example, if we’ve placed a restriction on your Robinhood Financial …

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 that …

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 …

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

The popular financial trading app Robinhood crashed on Tuesday morning after a spike in the price of the cryptocurrency Dogecoin sent a massive influx of …

Robinhood Restricts Cryptocurrency Trading Amid Dogecoin …

“Due to extraordinary market conditions, we’ve temporarily turned off instant buying power for crypto. Customers can still use settled funds to …

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 …

Paganoto

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