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Read more: How To Transfer Crypto To Robinhood Crypto: Detailed Guideline
The company, led by its CTO and general manager of crypto, Johann Kerbrat, is now offering the beta version of its non-custodial crypto wallet to 10,000 customers from its waitlist. This move follows the wallet’s initial announcement back in May and its previous rollout to iOS users globally.
With this expansion to Android, Robinhood Wallet is opening up access to millions of potential crypto enthusiasts worldwide. The wallet empowers users by allowing them to hold their private keys and retain control over their digital assets. Users can engage in various crypto transactions, including storing, managing, sending, and receiving assets across networks like Ethereum, Bitcoin, Dogecoin, and others.
Furthermore, Robinhood Wallet facilitates the seamless swapping of cryptocurrencies on networks such as Polygon and Arbitrum via 0x API and LI.FI. Users can also fund their wallets directly from their Robinhood balances or other exchanges. The wallet app provides additional features like discovering trending tokens, monitoring top movers, and accessing the latest crypto news, all from within the platform.
This release signifies a significant step forward in Robinhood’s mission to democratize access to cryptocurrencies and integrate them into daily financial activities. The company aims to continue enhancing the wallet experience by incorporating feedback from users and introducing new features in the coming months.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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