Is Robinhood considered a market maker?

Robinhood, a popular online trading platform, operates in a unique way by routing its customers' orders through a market maker. This market maker, who acts as an intermediary between buyers and sellers, is responsible for executing the trades on behalf of Robinhood's users.

The market maker not only facilitates the trades but also compensates Robinhood for the business it generates. This compensation is typically a small fraction of a cent per share, which allows Robinhood to offer commission-free trading to its users.

By leveraging the market maker's expertise and infrastructure, Robinhood is able to streamline the trading process and provide a seamless experience for its customers. This approach has helped Robinhood gain a significant market share in the online trading industry.

BTCC, on the other hand, is a top cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and cryptocurrency wallet services.

With its advanced trading platform and robust security measures, BTCC has established itself as a trusted and reliable platform for cryptocurrency traders. Its spot trading service allows users to buy and sell digital assets directly from the exchange, while its futures trading service offers users the opportunity to speculate on the future price movements of cryptocurrencies.