Robinhood Markets Inc (NASDAQ:HOOD). said it is planning to offer crypto recurring investments, which will allow customers to buy their digital coins commission-free.
Customers can make daily, weekly or monthly recurring purchases for as little as US$1, the online brokerage said in a blog post.
“The crypto markets can be volatile due to the nature of the industry. Investing on a recurring basis can help you focus on long-term growth, reduce risk, and reduce the stress of timing the markets,” it said.