Robinhood rolls out wallets to 2M waitlisted users, plans to integrate Lightning
The crypto wallet will not support Ethereum-based services like nonfungible tokens and ERC-20 tokens. Cryptocurrency and stock trading app Robinhood will roll out its digital wallet feature for 2 million additional users.In a Thursday announcement at the Bitcoin 2022 Conference in Miami, Robinhood chief product officer Aparna Chennapragada said eligible customers who had been on the waitlist for the digital wallet — more than two million people — can now send and receive cryptocurrencies. In addition, the platform is planning to integrate the Bitcoin Lightning Network to reduce the time....
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Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev announced that the platform will integrate with the Lightning Network “to bring even lower costs to our customers.”
More Than 2 Million Users Can Now Use Robinhood Crypto Wallets
Popular trading platform Robinhood made an announcement Thursday about its new crypto wallets at the Bitcoin conference in Miami, Florida. Robinhood Chief Product Officer Aparna Chennapragada shared:
We’ve rolled out crypto wallets to every....
The popular discount brokerage listed four trending tokens in Q1 2022. On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm's net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million during the same period. This was partly due to a decrease in the interest in meme stocks as well as an ongoing cryptocurrency bear market that dominated much of the first three months of the year.However, despite a decrease in sales, the company's net cumulative....
At the Bitcoin Miami Conference 2022, brokerage firm Robinhood’s Chief Product Officer Aparna Chennapragada announced support for the second-layer payment solution Lightning Network. This will allow Robinhood users to send and receive instant BTC transactions for practically 0 fees. Chennapragada said: We are also working to add the ability to transact on the Bitcoin Lightning […]
Trading platform Robinhood has begun rolling out crypto wallets to 1,000 customers. Users can send and receive their cryptocurrencies from Robinhood to external crypto wallets, the company explained, adding that by March, 10,000 customers will be testing the wallets before rolling out to the rest of the waitlist.
Robinhood Lets 1,000 Customers Test Its Crypto Wallets
Popular trading platform Robinhood announced Thursday that its “crypto wallets beta program” is now live. The announcement details:
Starting today, we’ll begin rolling out crypto....
Lightning is poised to seamlessly integrate into our everyday operations much in the same way the internet has.