Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report
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Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report

THELOGICALINDIAN - Stock trading and advance app Robinhood has reportedly been testing new appearance including a crypto wallet and cryptocurrency transfers The adeptness to drop and abjure cryptocurrencies is catchy to do with calibration and we appetite to accomplish abiding its done accurately and properly

Robinhood to Add Crypto Wallet and Transfer Features

Investing app Robinhood is “quietly” testing several new features, Bloomberg appear Monday, describing:

Evidence of the new appearance has appeared in a beta adaptation of Robinhood’s iPhone app, the advertisement conveyed, abacus that the planned offerings were apparent by software developer Steve Moser.

Robinhood CEO Vlad Tenev ahead said that abacus a crypto wallet is a antecedence for the company’s developers but did not announce back the barrage would be. He said on the company’s second-quarter balance call:

Tenev acclaimed that these appearance are decidedly in appeal amid dogecoin (DOGE) enthusiasts.

Cryptocurrency trading on Robinhood accomplished record levels in the additional quarter, accounting for added than bisected of all transaction-based revenues. The meme cryptocurrency dogecoin in accurate fabricated up 62% of the crypto trading aggregate in the additional quarter.

The new crypto appearance are actuality activated as allotment of an “alpha program,” advice aural the cipher of the Robinhood app shows. The advertisement added acclaimed that the cipher additionally appear the company’s affairs for “spare change advance and an early-deposit advantage for blockage accounts.”

What do you anticipate about Robinhood testing new features? Let us apperceive in the comments area below.

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