Stock and cryptocurrency trading platform Robinhood has temporarily disabled instant deposits for cryptocurrency purchases as of Friday, citing “extraordinary market conditions.”

Users are still able to buy cryptocurrency using settled funds that have previously been deposited, although such deposits can take up to five business days to clear.

A Robinhood spokesperson told CNBC that the company would “keep monitoring market conditions and communicating with our customers.

Robinhood has faced…

… Continue Reading at: cointelegraph.com [source]