Robinhood added 6 million crypto users in last two months

FILE PHOTO: The Robinhood App is displayed on a screen in this photo illustration January 29, 2021. REUTERS/Brendan McDermid/Illustration

NEW YORK (Reuters) - Online brokerage Robinhood on Thursday said 6 million new users signed up for its cryptocurrency services in the first two months of 2021 amid higher retail trading volumes and sharp rises in the prices of cryptocurrencies like Bitcoin and Dogecoin.

In 2020, Robinhood's crypto division averaged about 200,000 new customers trading on its platform per month, the company said in a blog post.