Coinbase, Exchanges

Why Is Robinhood Crypto Price Different From Coinbase?

When it comes to Robinhood and Coinbase, crypto prices are different for a variety of reasons.

For starters, Coinbase is a regulated exchange, which means it has to comply with lAWS and regulations regarding the listing of assets. This results in a more limited selection of coins available on the platform.

In contrast, Robinhood is not a regulated exchange, so it has more flexibility when it comes to which assets it can offer.

NOTE: Warning: Prices of cryptocurrencies on Robinhood and Coinbase can be substantially different due to the fact that each platform has its own set of prices for each cryptocurrency. It is in the best interest of investors to always compare prices across multiple platforms before making any trades. Also, traders should always be aware of potential risks when participating in cryptocurrency trading.

Another key difference is that Coinbase offers both a brokerage service and an exchange, while Robinhood is strictly a brokerage. This means that when you buy or sell crypto on Coinbase, you’re actually buying or selling it from/to other Coinbase users.

On Robinhood, you’re simply buying or selling from the platform itself.

Lastly, Coinbase uses different pricing data sources than Robinhood. This can result in slightly different prices for the same asset at any given time.

All of these factors combined result in there being some price differences between Robinhood and Coinbase. However, it’s important to note that these differences are usually pretty small.

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