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Robinhood Announces Launch of Highly Anticipated Innovation for European Customers! Here Are the Details

Robinhood Announces Launch of Highly Anticipated Innovation for European Customers! Here Are the Details

BitcoinsistemiBitcoinsistemi2024/10/01 11:12
By:Utku Yanık

Robinhood has rolled out a highly-requested feature, cryptocurrency transfers, to its European customers.

Robinhood has rolled out cryptocurrency transfers to its European customers, a highly-requested feature that gives users more control and flexibility over their digital assets.

Robinhood Crypto Launches Cryptocurrency Transfers for European Customers

This new service allows users to deposit and withdraw over 20 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC).

“With the launch of crypto transfers in Europe, we are making entry into self-custody and DeFi simpler and more accessible for our customers,” said Johann Kerbrat, Vice President and General Manager of Robinhood Crypto.

“Deposits and withdrawals give users more control over their crypto while providing the same safe, low-cost, and reliable experience they expect from Robinhood,” he said.

To celebrate the launch, Robinhood is offering European customers a 1% match on all crypto deposits made in the same cryptocurrency. The promotion is capped at €10,000 per customer for a limited time.

Beyond crypto transfers, Robinhood offers a variety of benefits to its European customers, including:

  • Buy, sell and hold over 35 cryptocurrencies at competitive rates.
  • Zero-fee Bitcoin trading with €30 BTC bonus for new signups.
  • SOL staking offers an estimated 5.23% APY and a limited-time match on staking rewards.
  • 15% rewards on USDC holdings.
  • Rewards for participating in the Learn and Earn program, where users can earn cryptocurrencies such as BTC, PEPE, AVAX and USDC.

Robinhood Crypto also prioritizes security by keeping most assets in cold storage, offering crime insurance, and providing strong protection against theft and cybersecurity breaches.

The new crypto transfer feature is available to all eligible Robinhood Crypto customers in Europe starting today.

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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