Ethereum Classic (ETC) is more expensive to buy on Robinhood than Ethereum (ETH). Here’s why.

When Robinhood first announced that they would be supporting Ethereum Classic, the price of ETC jumped significantly. However, shortly after the announcement, the price of ETC began to drop, and it is now about $4.00 more expensive to buy on Robinhood than ETH.

There are a few possible reasons for this discrepancy. One possibility is that there is more demand for Ethereum Classic on Robinhood than there is for Ethereum. This could be because Ethereum Classic is seen as a more stable investment than Ethereum, or because people believe that it has more potential for growth.

Another possibility is that there is less liquidity for Ethereum Classic on Robinhood than there is for Ethereum. This could be because there are fewer people trading ETC on Robinhood, or because there is less demand for it from institutional investors.

Finally, it is possible that the price discrepancy is simply a result of Robinhood’s pricing algorithm. The company has not released any information about how they determine the prices of different cryptocurrencies, so it is unclear how this difference is created.

Whatever the reason for the price discrepancy, it is important to note that the difference is only significant on Robinhood. If you are buying Ethereum Classic on another exchange, the price is the same as the price of Ethereum.

Why is Robinhood ETC price different?

ETC prices on major exchanges can vary significantly, but what’s the reason behind this?

One potential reason is that the exchanges may have different prices for ETC because they have different costs for trading. For example, an exchange may have to pay more to use a specific order-matching engine that another exchange does not need to use.

Another potential reason is that some exchanges may have more liquidity for ETC than others. This means that there is more demand to buy and sell ETC on these exchanges, which can lead to higher prices.

Finally, it’s possible that some exchanges may have a better reputation than others, and investors may be willing to pay more for ETC on exchanges that have a good reputation.

Is it smart to buy ethereum on Robinhood?

Is it smart to buy ethereum on Robinhood?

There is no one definitive answer to this question. Some factors you may want to consider include:

1. Ethereum price

The price of ethereum has seen a significant increase in recent months, and may continue to rise in the future. If you believe that the price of ethereum will continue to rise, it may be smart to buy ethereum on Robinhood.

2. Ethereum market cap

The market cap of ethereum is significantly higher than that of other cryptocurrencies. This may be due, in part, to the significant increase in the price of ethereum. If you believe that the market cap of ethereum will continue to grow, it may be smart to buy ethereum on Robinhood.

3. Ethereum volatility

The price of ethereum is known to be quite volatile. This means that it may be difficult to predict how the price of ethereum will change in the future. If you are not comfortable with the idea of investing in a cryptocurrency that may see significant price fluctuations, it may not be smart to buy ethereum on Robinhood.

Why are Coinbase and Robinhood prices different?

Coinbase and Robinhood are two of the most popular online platforms for buying and selling cryptocurrencies. While they both offer similar services, there are some key differences between the two platforms, including their prices.

Coinbase is a San Francisco-based company that was founded in 2012. It is one of the most popular cryptocurrency exchanges in the world, and it allows users to buy and sell Bitcoin, Ethereum, and Litecoin. Coinbase also offers a wallet service that allows users to store their cryptocurrencies in a secure online wallet.

Robinhood is a Palo Alto-based company that was founded in 2013. It is a commission-free stock trading platform that allows users to buy and sell stocks, ETFs, and options. Robinhood also recently began offering cryptocurrency trading, and it is one of the only platforms that allows users to buy and sell Bitcoin and Ethereum without paying any fees.

One of the key differences between Coinbase and Robinhood is their prices. Coinbase tends to have higher prices than Robinhood. For example, as of January 2018, Coinbase was selling Bitcoin for $17,100, while Robinhood was selling Bitcoin for $13,600. Ethereum prices were also much higher on Coinbase, with Ethereum selling for $1,100 on Coinbase, compared to $890 on Robinhood.

There are a few reasons for this difference in prices. First, Coinbase is a much more established company than Robinhood, and it has a much larger user base. This allows Coinbase to charge higher prices, as there is more demand for their services. Second, Coinbase is a regulated exchange, while Robinhood is not. This means that Coinbase is required to meet certain regulatory standards, which drives up their costs. Finally, Coinbase has a higher number of security features, which also drives up their costs.

While Coinbase tends to have higher prices than Robinhood, there are a few reasons why you might prefer to use Coinbase. First, Coinbase is a much more established company, and it is considered to be more reliable than Robinhood. Second, Coinbase offers a wallet service, which allows you to store your cryptocurrencies in a secure online wallet. Third, Coinbase has more features than Robinhood, including a wider range of cryptocurrencies that you can buy and sell. Finally, Coinbase is regulated, which means that your money is protected by law.

If you’re looking for a commission-free platform to buy and sell stocks, ETFs, and options, then Robinhood is a good choice. However, if you’re looking to buy or sell Bitcoin or Ethereum, Coinbase is a better choice, as it has higher prices and more features.

Why is Ethereum Classic so much cheaper than ethereum?

The price of Ethereum Classic (ETC) is currently about $13.50, while the price of Ethereum (ETH) is around $700.00. So why is Ethereum Classic so much cheaper than Ethereum?

There are a few reasons for this. First, Ethereum Classic is newer than Ethereum, so it may not have as much traction or support as Ethereum. Second, Ethereum is more popular than Ethereum Classic, so it may be more widely used and accepted. Third, Ethereum has been around longer than Ethereum Classic, so it may have more credibility and trust from investors.

Overall, Ethereum Classic is still a very new cryptocurrency, and it has a lot of potential to grow in the future. If you’re looking for a cheaper alternative to Ethereum, Ethereum Classic is a good option to consider.

Is it OK to buy crypto on Robinhood?

Is it OK to buy crypto on Robinhood?

Cryptocurrencies are a hot topic right now and there is a lot of debate around whether or not it is safe to invest in them. One of the most popular platforms for buying and selling cryptocurrencies is Robinhood.

Robinhood is a commission-free stock trading app that launched in 2014. It allows users to buy and sell stocks, ETFs, and options without paying any fees. In February 2018, Robinhood announced that they would be adding support for cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Since launching support for cryptocurrencies, Robinhood has become one of the most popular platforms for buying and selling cryptocurrencies. At the time of this writing, Robinhood has over 5 million users and is valued at $5.6 billion.

So, is it safe to buy cryptocurrencies on Robinhood?

The short answer is yes. Robinhood is a regulated company and is backed by some of the biggest names in Silicon Valley. The company has never been hacked and has a very good track record when it comes to security.

That said, there are some risks associated with investing in cryptocurrencies. Cryptocurrencies are a new and volatile investment and there is no guarantee that they will be worth anything in the future. You should only invest money that you are willing to lose.

If you are comfortable with the risks, then Robinhood is a great option for buying cryptocurrencies. The app is user-friendly and has a great user interface. You can also buy and sell cryptocurrencies on other platforms, but Robinhood is one of the most popular and user-friendly options.

Do you actually own crypto on Robinhood?

Do you actually own crypto on Robinhood?

When you buy a stock, you are buying a piece of a company. You become a part owner of that company and, as such, you have a say in how it is run. You also have the potential to make money if the company does well.

When you buy crypto on Robinhood, you are buying a piece of a blockchain. You become a part owner of that blockchain and, as such, you have a say in how it is run. You also have the potential to make money if the blockchain does well.

But, there’s a big difference between owning a stock and owning crypto. With a stock, you are buying a share of a company that is already up and running. With crypto, you are buying a share of a blockchain that may or may not be up and running.

In other words, when you buy a stock, you are buying a piece of a company that is already in existence. When you buy crypto on Robinhood, you are buying a piece of a blockchain that may or may not exist.

This is a big distinction and it’s important to understand it before you invest. With a stock, you are buying a piece of a company that is already doing well. With crypto, you are buying a piece of a blockchain that may or may not be doing well.

So, do you actually own crypto on Robinhood?

The answer is, it depends.

Is it worth putting $100 into ethereum?

Since its inception in 2009, Bitcoin has been the trailblazer of the cryptocurrency world. It was the first decentralized digital currency and has been the most successful to date. However, in recent months, a new cryptocurrency has been on the rise – Ethereum.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum’s currency, called Ether, is mined through a process called proof of work.

So, is it worth putting $100 into Ethereum?

Well, Ethereum has seen a sharp rise in value in recent months. In January 2017, one Ether was worth around $8. By June 2017, that value had risen to over $300. As of September 2017, one Ether is worth over $300.

This meteoric rise in value has caused some to question whether Ethereum is a bubble waiting to burst. However, Ethereum has a number of advantages over Bitcoin that could see its value continue to rise.

First, Ethereum is faster than Bitcoin. Ethereum can process up to 15 transactions per second, compared to Bitcoin’s seven transactions per second.

Second, Ethereum is more versatile than Bitcoin. While Bitcoin is primarily used as a digital currency, Ethereum can also be used to run applications and contracts.

Third, Ethereum is less centralized than Bitcoin. Bitcoin is controlled by a small number of miners, while Ethereum is controlled by its users.

Fourth, Ethereum is more secure than Bitcoin. Ethereum has been attacked more times than Bitcoin, but has yet to be hacked.

All of these factors could see Ethereum overtake Bitcoin as the dominant cryptocurrency in the coming years. If you’re thinking of investing in Ethereum, $100 is a good starting point.

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Theodore Valley