It’s no secret that Coinbase is one of the hottest startUPS in the Silicon Valley right now. The digital currency exchange has been on a tear lately, with its valuation soaring to over $8 billion.
And with the recent announcement that Coinbase is planning to go public, there’s been a lot of buzz about whether or not you can buy Coinbase stock on Robinhood.
Unfortunately, as of now, you cannot buy Coinbase stock on Robinhood. The popular stock trading app has not yet added Coinbase to its platform.
However, this could change in the future. Robinhood has been known to add new stocks and exchange-traded funds (ETFs) quickly, so it’s possible that Coinbase could be added soon.
In the meantime, if you’re looking to invest in Coinbase, you can do so through a traditional brokerage account or by buying shares of the upcoming Coinbase IPO on the NAsdaq exchange.
As one of the most popular digital currency exchanges, Coinbase has a lot of potential for growth. So, even though you can’t buy Coinbase stock on Robinhood right now, it may be worth keeping an eye on this company in the future.