Robinhood Launching New Non-Custodial Web3 Crypto Wallet
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Robinhood Launching New Non-Custodial Web3 Crypto Wallet

THELOGICALINDIAN - Trading belvedere Robinhood is ablution a noncustodial web3 cryptocurrency wallet Customers will be able to authority the keys for their own crypto the aggregation said

Robinhood Building Non-Custodial, Web3 Wallet

Popular trading belvedere Robinhood appear Tuesday that it is “building a cast new non-custodial, web3 wallet that will acquiesce barter to accept absolute ascendancy of their crypto.”

The advertisement details:

In addition, barter will be able to “trade and bandy crypto with no arrangement fees,” “earn crop application their assets,” abundance non-fungible tokens (NFTs), and affix to NFT marketplaces, Robinhood explained.

Vlad Tenev, co-founder and CEO of Robinhood, commented: “At Robinhood, we accept that crypto is added than aloof an asset chic … Our web3 wallet will accomplish it easier for anybody to authority their own keys and acquaintance all the opportunities that the accessible banking arrangement has to offer.”

The advertisement added addendum that barter can assurance up for Robinhood’s non-custodial wallet waitlist to get aboriginal admission to the company’s new product. The aggregation said:

Last month, Robinhood formed out its careful crypto wallets to more than two million customers.

With the accessible non-custodial wallet launch, Robinhood will attempt with the Nasdaq-listed cryptocurrency barter Coinbase, which additionally offers a self-custodial wallet.

Coinbase CEO Brian Armstrong tweeted Monday that his company’s non-custodial wallet is now “the best downloaded adaptable self-custody wallet in the U.S.” He noted: “And you don’t accept to drift annihilation over to use it – the aforementioned berry byword can be acclimated beyond assorted wallets.”

Robinhood afresh began its European amplification by acquiring a adapted crypto close based in the U.K.

What do you anticipate about Robinhood ablution a non-custodial, web3 crypto wallet? Let us apperceive in the comments area below.

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