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Robinhood Temporarily Down for the Count

Robinhood Temporarily Down for the Count

Robinhood, a inventory and crypto buying and selling utility recognized for its mainstream attraction and ease, just lately reported important platform outages. 

Robinhood introduced “experiencing a significant outage in equities and choices buying and selling, in addition to degraded efficiency in cryptocurrency buying and selling” on June 18, a Reuters report detailed. 

Reuters reported a be aware on Robinhood’s web site, stating: “We’re at present experiencing points with our providers and are investigating the problem.” By press time, nevertheless, Cointelegraph employees couldn’t find such a press release on Robinhood’s web page.

Robinhood appeals to the lots

Robinhood gives the general public a easy avenue into the inventory and crypto funding world. The platform touts no charges. During the last couple of years, the platform has added varied cryptocurrencies to its platform, pushing the business additional into the mainstream.

Robinhood, in addition to different related platforms, have seen an inflow of exercise and customers just lately, a June 12 CNBC report detailed.

This outage shouldn’t be the primary of its variety for Robinhood. The retail-friendly platform has suffered a number of different difficulties this 12 months, included an outage just some months in the past.  

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