Robinhood Broadens Cryptocurrency Reach: New Yorkers Gain Access to SHIB, AVAX, and COMP Trading

Starting Wednesday, New Yorkers gain access to trade Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) on Robinhood, expanding the platform’s offerings for Empire State residents to a total of 11 cryptocurrencies. The move signifies Robinhood’s extension of trading opportunities for New York residents. In a recent announcement, the platform unveiled the addition of Shiba Inu, Avalanche, and Compound to its list of tradable tokens in the Empire State, joining the existing options such as bitcoin (BTC), ether (ETH), dogecoin (DOGE), bitcoin cash (BCH), chainlink (LINK), litecoin (LTC), ethereum classic (ETC), and aave (AAVE). The revelation came through an email