One day after trading app Robinhood halted buying of red-hot stocks like GameStop and AMC, infuriating customers, the app turned off a key cryptocurrency buying feature on Friday.
The paid feature, Instant Buying, allows customers to transfer funds from a bank account and use the funds immediately, before they have been settled.
“Due to extraordinary market conditions, we’ve temporarily turned off Instant Buying power for crypto,” Robinhood said in a statement to Yahoo Finance….
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