Bitcoin (BTC) has been making a lot of headlines in recent weeks with its seemingly relentless growth, prompting many to take the cryptocurrency a bit more seriously. Understanding what exactly cryptocurrency is and furthermore, understanding how to trade it, can be a daunting task for somebody new to the concept. There are a number of exchanges where you can purchase Bitcoin and other altcoins (cryptocurrencies other than Bitcoin), many of which are byzantine to say the least.
Over the last few years, Robinhood has been one of the most popular apps for trading stocks, funds and options right from your iPhone. While it is mostly associated with the stock market, it has branched out to include some cryptocurrencies as well. With Bitcoin (BTC) recently reaching all-time highs, cryptocurrencies and blockchain are once again on people's minds and demand is high. If you want to own some Bitcoin and you have a Robinhood account, buying it is simple.
While the cryptocurrency craze is decidedly down from its preposterous December '17 peak, there is still plenty of profit to be made in the space, and plenty of legitimate coins/tokens with real world applicability. Though many of the crypto coins out there are smoke and mirrors, blockchain technology is very real and it is set to disrupt just about everything in the next few decades.