Retail Trading Giant Robinhood Launches Crypto Wallet

Retail trading giant Robinhood is rolling out its digital wallet to more than 1 million waitlist users after first releasing a beta to 10,000 customers last September.

Robinhood Wallet is a standalone smartphone app that allows users to trade and transfer crypto assets, access decentralized apps (DApps), and store non-fungible tokens (NFTs).

series of TweetRobinhood general manager Johan Kelblatt says the California-based company has introduced new changes in response to feedback from participating customers. beta program.

The app currently uses Compound (COMP), polygon (matic), Shiba Inu (Sibu), Solana (Sol), USD coin (USDC) and Uniswap (uni). Customers can transfer these tokens from the Robinhood App and other platforms to Robinhood Wallet.

The web3 wallet is a layer 2 scaling solution Polygon (matic) enable swap without network charges. According to Kerbrat, the platform now also supports major smart contracts his platform his Ethereum (ethereum).

We also added support for NFTs on both Ethereum and Polygon, so you can securely view and store your favorite collections. In addition to these improvements, Polygon lets you exchange crypto and tokens without network charges and connect to your favorite web3 apps. “

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Kerbrat says it will email customers an access code that will give them access to the Robinhood Wallet iOS app. Anyone who downloads and accesses the app will also receive $5 worth of cryptocurrency in their wallet.

“We will be providing access on a rolling basis over the next few weeks. If you’re late to the party, you can join the waitlist here at http://rbnhd.co/robinhood-wallet.”

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