Robinhood Expands Crypto Services With Micro Futures on Bitcoin, Solana & XRP
Digital brokerage Robinhood has launched micro futures contracts for Bitcoin (BTC), Solana (SOL), and XRP (XRP), giving crypto traders the ability to trade derivatives with significantly lower capital requirements.
The new offering was officially unveiled in the United States on Friday, expanding on Robinhood’s existing crypto futures products for Bitcoin and Ether (ETH).
Micro futures contracts are smaller versions of standard futures contracts, allowing traders to speculate on an asset’s price movements with a much lower upfront investment.
Robinhood, which has more than 25 million funded customer accounts, announced its entry into crypto futures in January. At the time, the company said the rollout would initially be…
