Yesterday and today, enthusiasm for the digital currency’s Dogecoin prank dominated Robinhood, leading to “periodic failures of crypto orders and delayed notifications for some clients,” Robinhood wrote on the blog. Post
“These interruptions are unacceptable to us,” Robinhood wrote in the post. “We believe that we are the easiest-to-use crypto platform for Dogecoin traders, and we are proud to be the top choice for the community. this”
Robinhood has a history of this kind of people. In March 2020, there were three major downtime, which Robinhood said was caused by “stress on our infrastructure”; and infamous in January, Robinhood had limited trading on GameStop, infuriating the entire internet and being dragged. Went before Congress in the process because it was not planned for anything closer to Gamestonk’s size.
Look, this app is very beautiful and easy to use. But if it fails in the end Very important When buying and selling, will users stick with it? No matter how much money you make trading your Dogecoin is more important than a good app. There is also a public Coinbase platform that can trade cryptocurrencies, although Dogecoin is not supported.
The disappointing Robinhood post doesn’t go into technical details that might let users know how serious the failure was or why it happened. When asked for comment, Robinhood declined to say anything on the memo other than the blog post.
In conclusion, I had to ask for Robinhood S-1 one more time, which I needed in order to live. must Know what risk factors look like and if this type of downtime is significant enough for the company to be listed on the list.
Update, 6:44 p.m. ET: It added Robinhood declined to comment.