Robinhood rolls out crypto API for US traders

Robinhood Crypto vice president Johann Kerbrat said that the API allows developers to build custom tools for crypto trading.

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Stock trading app Robinhood announced the release of its crypto trading application programming interface (API) for users based in the United States. 

On May 30, the investing app revealed its attempt to tap into seasoned crypto traders through an API. The crypto trading API allows US-based traders to set up automated trading strategies. Robinhood believes this will let users react to market movements and be ahead of market trends.

Users can also trade crypto using the API without opening the Robinhood app.

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