Robinhood Android App Now Supports Stop Orders for Crypto

On August 21, 2024, Robinhood rolled out a new update for its Android app, focusing on crypto trading.

This update introduces stop orders, enabling automatic sales when a cryptocurrency, like Bitcoin or Ethereum, reaches a set price.

Stop orders can help mitigate losses and secure profits, especially in volatile markets.

The feature is now live for all U.S. users, giving them greater control over their trades.

Robinhood aims to enhance trading efficiency and user experience with this critical update.