Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers

2 years ago

Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers

Trading level Robinhood has rolled retired its caller crypto wallets to much than 2 cardinal customers. In addition, Robinhood CEO Vlad Tenev announced that the level volition integrate with the Lightning Network “to bring adjacent little costs to our customers.”

More Than 2 Million Users Can Now Use Robinhood Crypto Wallets

Popular trading level Robinhood made an announcement Thursday astir its caller crypto wallets astatine the Bitcoin league successful Miami, Florida. Robinhood Chief Product Officer Aparna Chennapragada shared:

We’ve rolled retired crypto wallets to each eligible idiosyncratic connected the Wenwallets waitlist of much than 2 cardinal people.

“Now, each eligible customers who signed up for the waitlist volition beryllium capable to nonstop and person immoderate of the cryptocurrencies presently disposable connected Robinhood,” the enforcement added. The institution began rolling out its crypto wallets to selected customers successful January.

However, “Due to section regulations, crypto wallets aren’t yet disposable successful Hawaii, Nevada, oregon New York, and we’ll pass those customers erstwhile this changes,” Chennapragada said.

Vlad Tenev, CEO and co-founder of Robinhood, besides announced:

Our extremity is to marque Robinhood the astir trusted and easiest to usage crypto platform. We’re excited to bring adjacent little costs to our customers by integrating with the Lightning network.

The trading level presently supports buying, selling, and real-time marketplace information for bitcoin (BTC), bitcoin currency (BCH), bitcoin sv (BSV), dogecoin (DOGE), ethereum (ETH), ethereum classical (ETC), and litecoin (LTC). Shiba inu crypto supporters person been petitioning for Robinhood to database SHIB but the level repeatedly said that it is successful nary hurry to adhd much coins.

Robinhood’s announcement further notes:

Unlike immoderate different crypto platforms, determination is nary interest to retreat crypto from Robinhood.

What bash you deliberation astir Robinhood launching crypto wallets? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.

View source