Robinhood platform launched beta version of its digital wallet
The new application “will connect Robinhood crypto holders to the greater blockchain ecosystem for the very first time”
21.01.2022 - 08:35
571
1 min
0
The new application “will connect Robinhood crypto holders to the greater blockchain ecosystem for the very first time.”
What’s new? Robinhood has announced on its website the launch of a beta version of its cryptocurrency wallet. There are now 1000 people participating in the testing program, with plans to increase that number to 10 000 by March.
How does the new wallet work? Robinhood has not previously provided full access to the blockchain ecosystem. In other words, the platform held all users’ digital assets on its own behalf, providing customers with information on price dynamics.
The company said that the new wallet “will connect Robinhood crypto holders to the greater blockchain ecosystem for the very first time.” With the new feature, the users will be able to transfer their assets to other wallets. However, there are restrictions on the beta testing time with 10 withdrawals totaling no more than $2999.
“Connecting millions of Robinhood customers to the blockchain ecosystem in a safe, accessible setting is a massive undertaking. We take this responsibility seriously, which is why we are rolling out wallets methodically, consistent with our “Safety First” value.”
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 955
BTC
+0.94%
-
Ethereum
$3 288.74
ETH
-1.84%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.45
XRP
+22.87%
-
Dogecoin
$0.401023
DOGE
+4.44%
-
Cardano
$0.978373
ADA
+23.45%
-
Stellar XLM
$0.342708
XLM
+38.95%
-
Bitcoin Cash
$489.38
BCH
+2%
-
Polkadot
$6.4
DOT
+9.24%
-
Litecoin
$90.52
LTC
+2.38%