#Write2earn #RobinHood will start #staking services in EUROPE , and it will go live with
#SOLANA staking product
#StakingTime #solanastaking $SOL Robinhood has introduced its first crypto staking feature for European users, alongside various enhancements tailored for its European clientele. These include localized apps, crypto rewards for newcomers, and updated Learn & Earn modules. Through Robinhood Crypto, users can access trading for over 30 cryptocurrencies, monitor real-time prices, and utilize charts to refine their strategies.
The company announced the launch of its inaugural crypto-staking product exclusively available to European customers. Users can now stake their SOL holdings directly through the app, earning rewards while retaining flexibility to unstake at their discretion.
New customers can enjoy a 10% bonus on net purchases within the initial 30 days on the platform, paid in USDC, starting Wednesday. The platform will also debut localized versions of the Robinhood Crypto app in select European countries, starting with Italy, Poland, and Lithuania, providing a fully translated experience for customers in these regions.
Johann Kerbrat, VP and GM of Robinhood Crypto, highlighted the demand for localized language support and income-generating products since the European launch last year.
While crypto staking gains traction in Europe, it faces scrutiny in the United States. The SEC has taken action against several crypto exchanges offering staking services, with Robinhood also receiving a Wells notice regarding its crypto operations, a matter the company plans to contest if necessary.