Review on Robinhood by Amos joseph
Robinhood wallet
Robinhood
This wallet undoubtedly has good user interface to attract million of users although base on my research I've get to notice a lot of compliant from users using the wallet having people with their app and their asset not process for transaction.
The team have been trying it best to respond to every customer quarry from what I've noticed Robinhood team are doing their best to resolve all issues.
This need to be fixed with immediate effect before they can loss their reputation from users.
Robinhood is a crypto storage wallet for users to safely store their digital currency although the wallet don't support multiple crypto coins it's also serve as an investment platform for users to conduct trading activities with investment strategy available trading features like stock and fund trading crypto management users can earn some percentage per annual for holding some coin on the wallet is a hot storage wallet license by New York financial department it a custodian wallet which means asset and fund are manage by team and not users.
Robinhood is compatible with mobile device both android and ISO users can manage transaction fee.
Conclusion
Robinhood wallet is a trusted wallet for users to store and also trade their asset it also helps it users manage their asset. base on users compliant I've seen users are advised to be discreet if they want to use Robinhood wallet for now use spare capital in other to avoid loosing of fund.
Pros
- Well license wallet recognize by new York financial aid
- Support multiple investment strategy and storage of asset
- It's customer service are very active dedicated team
- Compatibility with mobile device with attractive UI
Cons
- There are complaint from users which might affect the company reputation
- Few crypto currency support
- Asset and stored on platform wallet which is prone to hacking
