
Robinhood adds GRAM spot trading for users
- Robinhood added spot trading support for GRAM, allowing users to buy, sell and hold the token directly.
- The listing expands Robinhood's cryptocurrency offering and provides retail investors with access to another digital asset.
- The move could increase liquidity and visibility for GRAM through Robinhood's large retail user base.
Robinhood Markets added spot trading for GRAM, enabling users to buy, sell and hold the cryptocurrency directly through its retail trading platform.
The listing expands Robinhood's digital asset offering as the brokerage continues adding cryptocurrency products to meet retail investor demand.
“The addition of GRAM allows users to trade the token directly without using futures or derivative products,” Robinhood said in its announcement.
Robinhood said the integration includes wallet support, allowing users to deposit and withdraw GRAM through the platform while trading the asset against the U.S. dollar.
The company said trading will be offered on a zero-commission basis, while Following the announcement Robinhood did not disclose expected trading volumes or revenue impacts from the listing.
GRAM is associated with The Open Network ecosystem and has experienced fluctuating trading activity since becoming available on cryptocurrency exchanges.
Robinhood said listed digital assets undergo internal legal and technical reviews, reflecting the company's approach to expanding its cryptocurrency offerings amid ongoing regulatory oversight in the United States.