Robinhood Stopped Supporting Bitcoin SV, Token Price Dropped Big
On January 25, Robinhood, the app for online trading, announced that it would stop providing support for BSV, the native cryptocurrency of the Bitcoin SV network. After the cutoff, any BSV in a Robinhood cryptocurrency account will be sold at market price.
According to a statement on Robinhood’s website and an email sent to consumers on Wednesday, users can purchase, sell, send, and hold BSV until the deadline. After the cutoff, any BSV in a Robinhood crypto account would be sold for market value, the company stated. The holdings of any other crypto users on Robinhood won’t be impacted. Users can still exchange all of the other coins that are available, depending on the state in which they reside.
Source
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