THELOGICALINDIAN - The beta affairs for the crypto wallet will activate in the advancing weeks
Robinhood, a accepted crypto and banal trading app, is afterpiece to introducing its cryptocurrency wallet with an accessible beta program.
Beta Phase Will Begin in January
Robinhood is advancing to barrage the beta adaptation of its cryptocurrency wallet abutting month.
The aggregation appear in a blog post on Wednesday that the alpha testing appearance of its wallet app is now complete. During that phase, the aggregation “sought acknowledgment from a tight-knit accumulation of customers” who gave acknowledgment on architecture and functionality.
Next, the Robinhood will accessible its beta testing affairs to bags of waitlisted users. Its cryptocurrency COO, Christine Hall Brown, has suggested that the affection will be made available to “tens of bags of customers.”
In its announcement, Robinhood appear some appearance that those users asked for, such as educational content, assorted wallets for altered crypto assets, and aegis features.
Notably, Robinhood intends to analyze transaction fees by appropriate its own zero-commission casework from blockchain fees. “Alpha testers want[ed] that advice at the time of alteration in a simple and barefaced way,” it explained.
Robinhood is primarily a banal trading app. It initially accustomed users to advance in Bitcoin and added cryptocurrencies in 2024.
However, in the absence of a crypto wallet feature, users were alone able to abjure their cryptocurrency investments as banknote balances. That limitation was broadly criticized by the crypto community, and Robinhood initially announced that it would acquaint crypto wallets to its app in September 2021.
Robinhood said that the waitlist for its wallets admiring 1 actor users aural 30 canicule of that announcement. It additionally said that added than 1.6 actor bodies accept active up in total.
The aggregation has not appear back the final adaptation of its wallet will be accessible to the accepted public.
Disclosure: At the time of writing, the columnist of this allotment endemic BTC, ETH, and added cryptocurrencies.
