Top Crypto Choices on Robinhood

 Based on the available information, here are some of the best cryptocurrency options to consider trading on Robinhood:

## Top Crypto Choices on Robinhood

1. Bitcoin (BTC) and Ethereum (ETH)

While not technically "altcoins," Bitcoin and Ethereum remain the two largest and most established cryptocurrencies. They are available on Robinhood and are generally considered core holdings for many crypto investors[1][5].

2. Litecoin (LTC)

Litecoin is often referred to as the "silver to Bitcoin's gold" and has been around since 2011. It's one of the more established altcoins available on Robinhood[1].

3. Avalanche (AVAX)

Avalanche has gained attention due to its partnerships with major companies like Amazon. It's seen as having real-world utility and potential for growth[1].

4. Dogecoin (DOGE)

While started as a meme coin, Dogecoin has gained significant popularity and is available on Robinhood. Its status as a proof-of-work (PoW) cryptocurrency may make it less likely to face regulatory scrutiny[1][5].

5. Chainlink (LINK)

Chainlink is available on Robinhood and is known for its oracle network that provides real-world data to blockchain applications[3].

## Considerations

- **Diversity**: Robinhood offers over 15 cryptocurrencies for trading, allowing for a diverse portfolio[2].

- **Low Costs**: Robinhood is known for its zero-commission trading structure, which applies to crypto as well[2][4].

- **Ease of Use**: The platform allows you to buy fractional shares of crypto with as little as $1, making it accessible for beginners[2].

## Caution

It's important to note that many users in the cryptocurrency community advise against using Robinhood for crypto trading, citing concerns about ownership and control of the actual coins[1]. Consider researching self-custody options and other platforms that allow direct ownership and transfer of cryptocurrencies.

Remember, cryptocurrency investments can be highly volatile and risky. Always conduct thorough research and consider your risk tolerance before investing.

Citations:

[1] https://www.reddit.com/r/CryptoCurrency/comments/145xye7/which_alt_coins_left_on_robinhood_would_you_buy/

[2] https://www.newsweek.com/vault/investing/invest-in-crypto-with-robinhood/

[3] https://robinhood.com/eu/en/about/crypto/

[4] https://robinhood.com/us/en/support/articles/no-commission-crypto/

[5] https://www.forbes.com/advisor/investing/cryptocurrency/top-10-cryptocurrencies/

[6] https://www.nerdwallet.com/article/investing/best-crypto-top-cryptocurrencies

[7] https://robinhood.com/us/en/support/articles/cardano-polygon-solana-update/

[8] https://robinhood.com/eu/en/support/articles/crypto-buying-and-selling/