Robinhood adds zero-fee cryptocurrency trading and tracking

Josh Constine, writing for TechCrunch:

No-commission stock trading app Robinhood will let you buy and sell Bitcoin and Ethereum without any added transaction fees starting in February, compared to Coinbase’s 1.5 to 4 percent fees in the US.

By essentially using crypto trading as a loss leader instead of its primary business like Coinbase and other apps, Robinhood could substantially expand beyond the 3 million users it already has. Simplifying trading and tracking could bolster Bitcoin and Ethereum. And by combining it with traditional stock, ETF, and option trading in a single app, Robinhood could further legitimize the cryptocurrency craze. The two trading worlds could cross-pollinate, dragging even more people into the crypto scene.

https://techcrunch.com/2018/01/25/free-cryptocurrency-trading-app

Robinhood seems to have a stronger track record compared to many other cryptocurrency start-ups. What do you think? Will this be a good change for the cryptocurrency community?