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The wallet supports Polygon as the first blockchain network. It gives customers complete control over their cryptocurrencies, allowing them to trade and exchange cryptocurrencies without network fees, and access the decentralized web.
Johan Carblat Robinhood Crypto Chief Technology Officer said: Robinhood Wallet removes some of her Web3 and DeFi complexity, making crypto more accessible to everyone, just like she did with the stock market.
We are excited to work with Polygon as the first blockchain network to be supported by Robinhood Wallet. Robinhood also recently rolled out support for deposits and withdrawals on the Polygon PoS network, allowing customers to purchase native MATIC tokens on the Robinhood app and seamlessly transfer them to their self-custody wallet.
Today, users can trade and exchange crypto without network fees, earn crypto rewards, securely store and track their blockchain portfolio, and connect decentralized apps (dapps) to earn yields. Available to his 10,000 iOS users who were waitlisted in May. Viewing NFTs and connecting to the NFT Marketplace will be supported when the wallet becomes generally available.
The wallet will launch exclusively on Polygon, but will eventually be a multi-chain wallet supporting numerous blockchains.
In the UK, on the other hand, Revolute Full regulatory approval has been granted to carry out crypto trading activities in the UK.Added to Financial Conduct AuthorityThe (FCA) Register of Companies Approved to Facilitate the Trading of Crypto Assets.
Registration with the FCA will allow Revolut to continue operating its UK-based digital asset business, including offering cryptocurrency trading and custody.
