On November 28, BlockBeats news reported that Robinhood is launching an Ethereum (ETH) staking service for European users, allowing them to earn income from their ETH holdings. This follows the earlier launch of Solana (SOL) staking services in Europe by Robinhood Crypto. Johann Kerbrat, general manager and vice president of Robinhood Crypto, stated that the staking service is a highly requested feature by users, but can be complex for cryptocurrency newbies.
Robinhood is making the staking process simpler, enabling users to contribute to the security of the ETH network and earn revenue simultaneously.
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