Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw more than 20 different cryptocurrencies. The new crypto transfer service includes a 1% deposit match for a limited time. With this launch, the platform also reinforces its focus on self-custody, security, and access to decentralized finance (defi).
Robinhood Crypto Launches Crypto Transfer Service in Europe
Trading platform Robinhood announced Tuesday that Robinhood Crypto has launched a crypto transfer service for European customers, introducing a highly anticipated feature that allows users to deposit and withdraw more than 20 cryptocurrencies. The feature includes a limited-time bonus of 1% on deposits to incentivize users.
The notice details:
Cryptocurrency Transfer allows customers to deposit and withdraw more than 20 cryptocurrencies, including bitcoin (BTC), ethereum (ETH), solana (SOL), USD coin (USDC), and other cryptocurrencies, giving them more flexibility and better control over their digital assets.
“With the launch of our crypto transfer service in Europe, we are making self-custody and participation in DeFi simpler and more accessible for our customers,” commented Johann Kerbrat, Vice President and General Manager of Robinhood Crypto. The development reflects the company’s commitment to giving customers more control over their digital assets.
Robinhood also emphasizes the reliability of its service. Kerbrat notes:
Supporting deposits and withdrawals gives customers more control over their crypto, while ensuring they get the safe, low-cost, and reliable experience they expect from Robinhood.
In addition to remittances, the platform offers other benefits such as Solana staking, zero-fee bitcoin trading, and high USDC rewards. Cryptocurrency transfers are currently available to eligible customers in Europe.
What do you think of Robinhood Crypto’s new feature that allows European users to manage their assets more freely? Let us know in the comments below.
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