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What is Robinhood's cryptocurrency wallet?
Robinhood announced the launch at the Bitcoin 2022 conference Robinhood’s cryptocurrency wallet. Robinhood Financial officially rolled out its cryptocurrency wallet on Thursday, giving access to more than 2 million customers that were on a waiting list for the digital product.Can you use Robinhood to buy stocks with Bitcoin?
Robinhood is finally adding cryptocurrency wallets to its platform so that users can spend and trade their Bitcoin and Ethereum. The wallets will start as a test, and the company’s setting up a waitlist where people can sign up to be among the first to get access. However, this doesn’t mean that you can use Robinhood to buy stocks with Bitcoin.Did Robinhood flex its Crypto chops at the bitcoin 2022 conference?
In a pair of announcements from the Bitcoin 2022 conference in Miami, the trading app flexed its crypto chops. But check the fine print. Robinhood Chief Product Officer Aparna Chennapragada speaks during the Bitcoin 2022 conference in Miami. (Eva Marie Uzcategui/Bloomberg via Getty Images)Is Robinhood launching a beta version of the trading app?
Bloomberg News first reported Robinhood’s plan to roll out this feature in a beta version of the trading app. Bitcoin and other cryptocurrencies have seen sharp volatility since bitcoin reached an all-time high in April amid more concerns about regulation.