Dogecoin And Bitcoin Become Latest Additions To Robinhood Wallet
After a long stretch of only offering Polygon (MATIC) in its Web3 wallet, Robinhood shocks the crypto space with its announcement that it is adding two prominent cryptocurrencies, Bitcoin and Dogecoin, into its wallet offerings. Dogecoin And Bitcoin Now Available On Robinhood Wallet California-based financial services company Robinhood has announced its new listing of Dogecoin and Bitcoin in its self-custodial Web3 wallet, Robinhood Wallet. The press release comes as a thrilling surprise for cryptocurrency investors, as users can now have access to BTC and DOGE tokens through their....
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Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has introduced new features to meet the demands of its growing user base. In response to user feedback, Robinhood Wallet now supports Bitcoin (BTC) and Dogecoin (DOGE), allowing users to custody, send, and receive these cryptocurrencies. Additionally, the platform has enabled on-app swaps on the Ethereum (ETH) […]
Last February the crypto community was obsessed with a specific dogecoin address that happens to be the largest dogecoin holder today with over 36 billion DOGE. One armchair sleuth studied a number of onchain transactions and suspected the company Robinhood owned the wallet. Now the individual has researched the topic again and claims the latest findings help confirm the dogecoin wallet does belong to Robinhood. Alongside this, the person suspects Robinhood controls the third-largest bitcoin wallet as well. Onchain Research Suggests Robinhood Not Only Owns the Mysterious Doge Whale Wallet,....
After Robinhood Markets launched the company’s beta Web3 wallet on Tuesday and listed the stablecoin usd coin on the exchange platform Robinhood Crypto last week, the company announced a strategic partnership with Circle Financial. The deal revealed on Wednesday will provide Robinhood Crypto and Robinhood Wallet users with the ability to purchase and sell usd coin, and access “exclusive in-app educational modules to earn USDC rewards.” Robinhood and Circle Partner to Offer USDC Accessibility On Wednesday, Robinhood Markets (Nasdaq: HOOD) published an “Under the....
Trading platform Robinhood has reported that 40% of its cryptocurrency transaction-based revenue was attributable to transactions in the meme cryptocurrency dogecoin in the third quarter. By comparison, dogecoin accounted for 62% of the company’s transaction-based revenue in the second quarter.
Dogecoin Trading on Robinhood
Robinhood Markets Inc. stated in its quarterly filing with the U.S. Securities and Exchange Commission (SEC) Friday:
For the three months ended September 30, 2021, 40% of our cryptocurrency transaction-based revenue was attributable to....
Robinhood is reportedly testing a new crypto wallet feature that would finally enable users to withdraw crypto from its app. Retail-trading platform Robinhood is reportedly testing a long-awaited digital wallet feature that enables users to send and receive crypto-assets such as Bitcoin (BTC). Bloomberg reported the rumor on Sept. 21, with the publication claiming to have seen screenshots of a withdrawal interface in a beta version of the wallet feature in Robinhood’s IOS app. While details are sparse, Bloomberg also claims to have seen a waitlist where users will be able to sign up for....