Cryptocurrency Q&A
Does Robinhood have a self-custodial Crypto Wallet app?
Does Robinhood have a self-custodial Crypto Wallet app?
Silvia
Sat Jun 15 2024
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5 answers
543
I'm just curious, does Robinhood offer a self-custodial Crypto Wallet app? I've been hearing a lot about the convenience of managing cryptocurrencies on one's own, and Robinhood is a platform I'm quite familiar with. Would it be possible for me to store and transact my crypto assets securely within the Robinhood ecosystem, without relying on third-party custodians? It would be great if I could have the flexibility and control over my crypto holdings while still enjoying the ease of use Robinhood provides. Do you have any insights on this matter?
5 answers
CharmedSun
Mon Jun 17 2024
In January, Robinhood took another step forward, extending the availability of the wallet to over 1 million users who had been waiting eagerly on the waitlist. This expansion demonstrates the increasing demand for crypto services among Robinhood's user base.
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Tommaso
Mon Jun 17 2024
One of the key features of Robinhood's crypto wallet is its self-custodial nature. This means that users have complete control over their private keys and cryptocurrencies, providing added security and flexibility.
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Martino
Mon Jun 17 2024
Robinhood made a significant announcement on Wednesday, revealing that its self-custodial crypto wallet app is now accessible to all iOS users. This marks a major milestone for the platform, which has been gradually expanding its crypto offerings.
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Alessandro
Mon Jun 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that complement Robinhood's wallet. These include spot trading, futures trading, and a secure wallet for storing cryptocurrencies. BTCC's comprehensive offering allows users to manage their crypto assets seamlessly.
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Dario
Mon Jun 17 2024
The crypto wallet app debuted in beta form last September, initially limited to 10,000 users. During this beta period, users enjoyed the convenience of swapping Polygon’s MATIC tokens without any network charges.
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