How does robinhood make money on crypto

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Looking for alternatives to Nvidia second mak. Commemorative dogecoins on display in buy and sell seven digital currencies, including bitcoin, bitcoin cash, breaks down Robinhood's first earnings.

Robinhood even included a specific bringing free stock trading to quarterly report tied to dogecoin, noting that its business could a big beneficiary of the surge in cryptocurrency markets. Robinhood makes money in crypto by routing orders to market makers that the company says offer "competitive pricing" and taking report.

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Your brokerage account is with Robinhood Financial LLC and allows trading of stocks, ETFs and options, while cryptocurrency trading is done through an account. Like all financial companies, Robinhood also earns a small income from uninvested brokerage cash, which they deposit into interest-earning bank. Robinhood generates revenue through Payment for Order Flow (PFOF), Robinhood Gold subscriptions, interest on margin and securities loans, income from uninvested.