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Cryptocurrency price update: Avalanche (AVAX) and Stellar (XLM) are listed by Robinhood

Cryptocurrency price

Avalanche (AVAX) and Stellar, two cryptocurrencies, 

have been listed on Robinhood, a cryptocurrency exchange, as of Monday (XLM). 

Shiba Inu (SHIB) and Chainlink, two well-known cryptocurrencies, were recently added to the platform (LINK).

AVAX rises by 12% following the Robinhood listing.

Prices for Avalanche have increased by about 12% after the announcement. At the time of publication, AVAX was trading for an average price of $30.0. Its 24-hour trading volume increased by more than 35% to $1.007 billion. It currently has a market value of more than $8.6 billion.

Over the past seven days, AVAX has been one of the most popular tokens. Its cost has increased by more than 30%. Since the announcement, the price of Stellar has increased by more than 7%. The 24-hour trading volume for XLM has increased by more than 40% to $199.6 million. At this moment, the average price of Stellar is $0.132. A market valuation of almost $3.34 billion is held by XLM.

But thanks to this announcement, the XLM coin has become one of the most popular ones during the last 24 hours. Meanwhile, over the past week, its price has increased by almost 15%.

New features are made possible by cryptocurrency exchange

The crypto exchange is well-known for its traditional approach to listing. Robinhood expanded its support for the LINK in July. Prior to that, it listed the Shiba Inu, Solana, and Polygon meme symbols. Currently, Robinhood allows a trade for only 15 cryptocurrency tokens.

Options trading in cash accounts was previously made available to consumers by Robinhood. But it made clear that it was only available to qualified clients. It was one of the most requested features, according to the blog. As a result, user trading experience will increase and be improved.

 

Users may trade with these accounts using deposited cash or settled funds, it was added. In the meantime, it expanded its industry-standard offering to include options trading in cash accounts.

In the meantime, over the previous six months, Robinhood has implemented Brokerage Cash Sweep, Stock Lending, and many more tools.



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