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Our mission at Robinhood is to democratize finance for all. We’re proud to have created a platform that has helped everyday people, from all backgrounds, shape their financial futures and invest for the long term.

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Robinhood, the mobile stock trading application, announced on Tuesday that they were lowering the minimum order size for Dogecoin as the value of the cryptocurrency continues to increase.

We continuously monitor the markets and make changes where necessary. In light of recent volatility, we restricted transactions for certain securities to position closing only. You can see the latest here. We also raised margin requirements for certain securities.

Amid significant market volatility, it’s important as ever that we help customers stay informed. That’s why we’re committed to providing people with educational resources. We recentlyrevamped and expanded RobinhoodLearnto help people take advantage of the hundreds of financial resources we offer and educate themselves, including how tomake sense of a volatile market. In 2020, more than 3.2 million people read our articles through Robinhood Learn.

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We’re committed to helping our customers navigate this uncertainty. We fundamentally believe that everyone should have access to financial markets. We’re humbled to have helped many people invest in the markets for the first time. And we’re determined to provide new and experienced investors with the tools and resources to help them invest responsibly for their long-term financial futures.

Update on Jan. 28, 2021 at 8:30pm PT: We updated this blog post to link to our Help Center, which includes the latest on changes due to ongoing market volatility.

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