Robinhood has shared news about cryptocurrency buying and selling.
Robinhood is no longer supporting Cardano (ADA), Polygon (MATIC), and Solana (SOL) after June 27, 2023 6:59 PM ET. This does not affect any other coins.
Robinhood customers can still purchase, trade, and keep ADA, MATIC, and SOL until the cut-off date. They will have the option to move ADA, MATIC, and SOL until June 27th, 2023. (Hawaii and Nevada residents are not able to buy ADA, MATIC, and SOL. New York residents are not able to transfer ADA, MATIC, and SOL.)
After the deadline, any ADA, MATIC, and SOL coins in your Robinhood Crypto account will be sold at the current market price and the money will be added to your purchasing power in Robinhood.
If you don’t plan to sell your ADA, MATIC, and SOL and you live where it’s allowed to transfer them, you can send them to a different wallet or crypto platform. Anything left after the deadline will be automatically sold and credited to your available funds on Robinhood.
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