Robinhood users may soon be able to withdraw crypto for the first time
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....
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The popular stock and crypto trading platform will allow crypto withdrawals to a limited number of users who signed up for the crypto wallet waitlist program. Online retail investing platform Robinhood has released its long awaited crypto wallet for beta testing which will finally enable users to withdraw crypto from the platform.The first 1,000 users that signed up to the waitlist for ‘Wallets’ are eligible to take part in beta testing. Wallets testers will be able to withdraw crypto valued up to $2,999 over a maximum of 10 total transactions daily. Robinhood is a financial services....
Robinhood is conducting a beta test of its new crypto wallets program. The 1,000 people at the top of their waitlist will receive access first. Then again, in March 2022, this will expand 10,000 individuals able to use these digital currency wallets at any given time before opening up registration for all remaining spots available. Last year, Robinhood planned to begin testing crypto wallets, with one goal being a broader rollout by 2022. Robinhood is connecting crypto holders with the blockchain ecosystem for the first time. They’re allowing people with cryptocurrencies like....
Robinhood has grown so much this year thanks to increased interest in Dogecoin. The trading platform recently revealed that crypto trading made up 50% of its revenue for the second quarter of the year. And that number is expected to grow as Robinhood’s focus falls on crypto. This is why the most recent feature that […]
Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.”
Robinhood to Add Crypto Wallet and Transfer Features
Investing app Robinhood is “quietly” testing several new features, Bloomberg reported Monday, describing:
Robinhood Markets Inc. is testing new crypto wallet and cryptocurrency transfer features for its app.....
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....