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Robinhood Officially Launches LDO Spot Trading
LDO, a core asset in the staking protocol market, is now officially tradable on the Robinhood exchange. According to the official announcement on December 18, the spot trading of Lido DAO's native token, LDO, has been newly added to the platform.
**Significance of Expanding Trading Options**
This addition further enriches the lineup of cryptocurrencies supported by Robinhood. Users can now buy and sell LDO within the Robinhood exchange without any additional procedures, greatly improving trading convenience.
**Platform Expansion Strategy**
Robinhood continuously increases the number of supported cryptocurrencies to strengthen its competitiveness as an exchange. Adding major protocol tokens like these is part of a strategy to attract a broader user base and increase trading volume on the platform. Especially by expanding trading pairs centered around assets that are gaining attention in the DeFi market, the platform actively responds to investor demand.