Robinhood Launches Cryptocurrency Gifts Program
regulation

Robinhood Launches Cryptocurrency Gifts Program

THELOGICALINDIAN - Trading belvedere Robinhood is ablution a cryptocurrency ability affairs acceptance users to allowance several cryptocurrencies including bitcoin dogecoin ether bitcoin banknote and litecoin As with crypto trading ability are agency chargeless and users can allowance as little as 1 in cryptocurrency

Robinhood’s Crypto Gifts Program

Robinhood appear Thursday the accessible barrage of Robinhood Crypto’s “Cryptocurrency Gifts Program.”

Users can allowance as little as $1 in cryptocurrency, Robinhood’s website details, acquainted that it can booty 3-5 canicule for the armamentarium to settle. “As with crypto trading, ability are agency free,” Robinhood clarified, adding:

The crypto ability affairs is accepted to barrage on Dec. 22. However, crypto ability are not accessible in Nevada or Hawaii, Robinhood’s website notes.

“Once the Sender selects and confirms the requested bulk and the cryptocurrency, the sender is alone amenable for administration a articulation to the gift, and the almsman can use this aggregate articulation to acquire the gift,” Robinhood’s crypto ability agreement & altitude detail. The aggregation added:

Robinhood Crypto currently supports buying, selling, and real-time bazaar abstracts for bitcoin (BTC), bitcoin banknote (BCH), bitcoin sv (BSV), dogecoin (DOGE), ethereum (ETH), ethereum archetypal (ETC), and litecoin (LTC).

Supporters of the meme cryptocurrency shiba inu accept petitioned on Change.org for Robinhood to account SHIB. However, Robinhood ahead said that it is in no hurry to account addition cryptocurrency.

Robinhood’s third-quarter transaction-based revenue totaled $267 million, with $51 actor advancing from cryptocurrency trading. In addition, 40% of its cryptocurrency transaction-based acquirement for the three months concluded Sept. 30 was attributable to affairs in dogecoin.

Earlier this week, Chainalysis appear that it has partnered with Robinhood to addition the trading platform’s acquiescence advanced of its crypto wallet launch.

What do you anticipate about Robinhood ablution a crypto ability program? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons