**Robinhood Expands Crypto Services in Europe**

Robinhood is making waves in Europe by enabling crypto deposits and withdrawals via external platforms. As of October 1, European users can now transfer around 20 cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), to and from Robinhood.

This move comes nearly a year after Robinhood launched crypto trading in Europe in December 2023. Previously, users could only trade within the platform, but now they can move their assets to other exchanges or wallets.

Johann Kerbrat, VP of Robinhood Crypto, emphasized that this update enhances user control and access to decentralized finance (DeFi). However, users must verify their identity and enable two-factor authentication to use the new feature. Robinhood's European services are regulated in Lithuania, ensuring compliance with local laws.