Trading platform Robinhood announced on Tuesday that Robinhood Crypto has launched crypto transfers for European customers, introducing a highly anticipated feature that allows users to deposit and withdraw more than 20 cryptocurrencies. This feature includes a limited-time offer of a 1% deposit match to incentivize users.
The announcement details:
Crypto transfers enable customers to deposit and withdraw more than 20 cryptocurrencies, including bitcoin (BTC), ethereum (ETH), solana (SOL), USD coin (USDC), and others, giving them greater flexibility and control over their digital assets.
Johann Kerbrat, VP and GM of Robinhood Crypto, commented: “With the launch of crypto transfers in Europe, we’re making self-custody and entering DeFi simpler and more accessible for our customers.” This development reflects the company’s commitment to providing customers with more control over their digital assets.
Robinhood also emphasized the reliability of its service. Kerbrat noted:
Support for deposits and withdrawals gives customers more control over their crypto, while ensuring they have the same safe, low-cost, and reliable experience they expect from Robinhood.
Beyond transfers, the platform offers other benefits like staking Solana, zero-fee bitcoin trades, and high USDC rewards. Crypto transfers are now available for eligible European customers.