Robinhood has revolutionized investing by offering commission-free trading for stocks, ETFs, and cryptocurrencies—all accessible through a user-friendly mobile app. This guide walks you through the seamless process of buying and selling assets on Robinhood, including its unique feature of fractional share investing with as little as $1.
Step-by-Step Guide to Buying Assets
1. Search for an Asset
- Open the Robinhood app and tap the magnifying glass icon to search for stocks (e.g., Apple), ETFs (e.g., SPY), or cryptocurrencies (e.g., Bitcoin).
- Use filters like "Top Movers" or "Crypto" to narrow your search.
2. Select the Asset
- Tap the asset to view its details, including real-time price charts, historical performance, and news.
- For crypto, note Robinhood’s spread fee (the difference between buy/sell prices), which replaces traditional trading commissions.
3. Execute the Purchase
Click "Buy" and choose:
- Order Type: Market (instant) or Limit (set your price).
- Amount: Enter a dollar value or share quantity. Robinhood allows fractional shares (e.g., $10 of Tesla stock).
- Confirm the trade with Face ID, Touch ID, or a PIN.
👉 Start investing with as little as $1 today
Selling Assets on Robinhood
1. Navigate to Your Portfolio
- Tap the "Account" icon (bottom right) to view your holdings.
2. Select the Asset to Sell
- Choose the stock, ETF, or crypto you wish to sell.
3. Execute the Sale
- Swipe up on the asset’s detail page and select "Sell."
- Specify "Dollars" or "Shares" and confirm the transaction.
💡 Pro Tip: Set price alerts to track assets and sell at optimal times.
Key Features of Robinhood
- Fractional Shares: Invest in expensive stocks like Amazon with small amounts.
- Instant Deposits: Fund your account immediately (up to $1,000) without waiting for bank clearance.
- Cryptocurrency Trading: Buy/sell Bitcoin, Ethereum, and more with no commission (spread applies).
FAQs
❓ Does Robinhood charge fees for stock trading?
- No. Robinhood offers zero-commission trading for stocks and ETFs.
❓ How do fractional shares work?
- You can buy portions of a share (e.g., 0.25 shares of Google) instead of whole shares.
❓ What’s the difference between market and limit orders?
- Market orders execute instantly at current prices. Limit orders only complete at your specified price.
👉 Explore Robinhood’s crypto trading options
Final Tips
- Diversify: Spread investments across stocks, ETFs, and crypto to mitigate risk.
- Stay Informed: Use Robinhood’s news and analysis tools to make data-driven decisions.
Investing involves risk. Past performance doesn’t guarantee future results.
### SEO Keywords:
Robinhood app, buy stocks, sell ETFs, cryptocurrency trading, fractional shares, commission-free investing, limit orders
### Notes: