THELOGICALINDIAN - Trading app Robinhood has appear a new affection that would acquiesce users to allowance cryptocurrencies to their accompany and ancestors This comes as the anniversary division is in abounding blossom and bodies are scrambling to get the absolute ability for their ancestors and accompany this Christmas This new affection will acquiesce for the seamless alteration of crypto from one user to addition central the Robinhood app
Crypto Gifting Made Easy
Robinhood announced via a blog column on Thursday that it was rolling out a new affection on its platform. The alms affection would acquiesce users to allotment crypto with their accompany and ancestors through the app. The advance abaft the affection was auspicious anniversary shoppers to instead skip the continued curve and pressures of last-minute arcade for ability that end up abandoned afterwards the holidays in favor of article that appreciates in amount like cryptocurrencies.
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Robinhood has fabricated its name as one of the arch trading apps in the United States, with 22 actor users in the country. A ample demographic is Millenials who are added acceptable to allowance crypto to their accompany and family.
Users can accept from a account of seven cryptocurrencies that they appetite to allowance to ancestors and accompany and again accelerate the crypto allowance to them central the app. In addition, users are able to accelerate a different architecture and claimed bulletin with their crypto allowance to accomplish it alike added meaningful.
How To Gift With Robinhood
Inside the Robinhood app, users can bang the “Gift” button and again accept from a account of seven cryptocurrencies that they appetite to gift. These accommodate Bitcoin (BTC), Ethereum (ETH), and broker admired Dogecoin (Doge). Next is to accept the adjustment of commitment for the users. This could either be by argument or by email and the almsman will get a articulation to redeem the gift.
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Once a crypto allowance is sent, the almsman will accept a absolute of 14 canicule to redeem it. If they are already a Robinhood user, they are able to redeem the allowance central of the app. However, if they are not a user, they will charge to assurance up to affirmation the gift. If 14 canicule expire and the almsman does not redeem the gift, again the crypto is beatific aback to the sender at no cost.
Robinhood users can accelerate as little as $1 to their almsman of best and pay 0% in agency back they do so.
