Sunday, October 2

Robinhood Plans To Launch Beta Crypto Wallets In January As HOOD Drops To $ 17 By CoinTelegraph

© Reuters. Robinhood plans to launch beta crypto wallets in January, while HOOD falls to $ 17

Cryptocurrency and stock trading app Robinhood plans to roll out the beta version of its digital wallet feature starting in January 2022.

In a blog post on Wednesday, Robinhood said that tens of thousands of users currently on the waiting list for the trading app’s cryptocurrency wallet would have access to the beta version starting in mid-January. The trading app said that more than 1.6 million people were waiting for the wallet, which will support the deposit and withdrawal of (), Ether (ETH), (DOGE), and other tokens.

  • Robinhood confirms introduction of a cryptocurrency wallet feature in the app starting in October

The trading app has been testing its digital wallet feature since it was first announced in September, completing its first alpha transfer, using DOGE, on November 22. According to Robinhood’s COO Christine Brown, the beta release would focus on user safety, as well as providing crypto transaction education and clarity on network and gas fees.

Read the full article on Cointelegraph

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