According to Deep Tide TechFlow news on November 28, as reported by Crowdfund Insider, Robinhood announced the launch of Ethereum (ETH) staking services, allowing European users to earn returns on their ETH holdings through this service.
Robinhood Crypto stated that during a limited-time event, a '100% reward matching' promotion will be offered, up to €10,000. ETH staking not only contributes to the security and efficiency of the Ethereum network but also allows users to earn staking rewards. The staking service provided by Robinhood is easy to operate, enabling users to easily stake and unstake ETH.
Additionally, earlier this year, Robinhood Crypto launched Solana (SOL) staking services in Europe, and both ETH and SOL staking can currently enjoy the '100% reward matching' promotion.
Robinhood Crypto General Manager and Vice President Johann Kerbrat stated that staking services are a highly demanded feature for users, but may be complex for cryptocurrency newcomers. Robinhood has simplified the staking process, allowing users to efficiently contribute to the security of the ETH network while earning rewards.
