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Robinhood will delist SOL MATIC ADA on June 27, 2023 (Patreon)

Published:
2023-06-09 14:50:28
Imported:
2023-06

Content

SOL price is up regardless.... people can transfer to wallet or sell or RH will sell for them ... not a lot of SOL trading going on at Robinhood. 

TLDR

  • Robinhood will delist Solana, Polygon, and Cardano on June 27, 2023.
  • Users can transfer these coins until then, after which Robinhood will sell them off.
  • The move comes after Robinhood reviewed the SEC's lawsuits against Coinbase and Binance.
  • Robinhood obtained a broker-dealer license for securities trading, but may not have the capacity to trade unregistered securities.

No other coins are affected.

https://www.theblock.co/post/233961/robinhood-ends-support-for-solana-polygon-cardano-amid-sec-exchange-crackdown

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Comments

Anonymous

SEC will do there worst but the fact is any law suit against SOL ADA MATIC ETC will take years, in that time US will be so far behind and loosing out (Alpha) to more crypto friendly countries the government whoever that is will have to uturn to stay competitive. GG will be out in 16 months that’s my guess when we see a big change Stay strong everyone

Anonymous

Will they also delist Elon’s famous DOGE coin?

Anonymous

I'm not on Robinhood but my SOL is hurting just the same. Down 50% but contemplating doubling down at ~16 bones.

Anonymous

Thanks for the update James. Do you think Coinbase will delist SOL, Matic, ADA like RobinHood? I still have a small amounts there. Get all coins off or only those above? NFA

Anonymous

Not looking, brev

Anonymous

Cowards.

Anonymous

Robinhood was Really effective for me to make Limit orders for Solana . Does anyone know if there are any other exchanges that allow you to make Limit orders for Solana ?

Anonymous

Price looks nice for matic was about to buy . Will hold on til tommorrow might go a bit lower. Even ADA is tempting at these prices. Like James said when buying meta Facebook he don't like them but everything has a buy price 👍

Anonymous

I was lucky to buy Sol cheap after FTX. (£6.51) I have bought again today using an alt airdrop.Its at times like this I smile . The clouds will passover. James have you got your tap dancing shoes on? :))

Anonymous

Aging like a fine wine

Anonymous

Easiest way to avoid pain from your favorite alt - follow its BTC denomination - SOLBTC, ADABTC, etc.

Anonymous

Holy price plunge starting at midnight last night. With so much FUD and the likely stock market retracing in the summer, I'd expect lower prices long term. We could see 30 cent MATIC again, $8 SOL, etc. We also still have the USA Fed Gov selling more Bitcoin as well as the Mt Gox BTC coming back into the market... lots of factors that could push prices further down. It's a scary time to have crypto, but at the same time a potential opportunity to buy more at lower prices. Jury is still out as to where it's all going.