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European users can now deposit and withdraw more than 20 cryptocurrencies following the introduction of the Robinhood Crypto transfer system in the EU.
The cryptocurrency division of the trading platform Robinhood has launched crypto transfer capabilities for its European clientele. Users can now deposit and withdraw a variety of well-known cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC).
Johann Kerbrat, VP and GM of Robinhood Crypto, stated that this new functionality is designed to enhance access to decentralized finance in Europe. He emphasized that the platform provides complete control over assets, secure transactions, and minimal fees. Additionally, Robinhood Crypto offers insurance coverage against theft and cyber risks.
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As part of a special launch promotion, European users will receive a 1% deposit bonus in cryptocurrency. Other benefits for Robinhood Crypto’s European clients include:
- BTC trading with no fees;
- SOL staking with an annual yield of 5.23%;
- daily rewards for USDC holdings, available until December 15, 2024;
- access to educational resources.
In May, Robinhood Crypto began implementing updates specifically for European users, despite experiencing regulatory challenges from U.S. authorities. Nevertheless, this did not impede the company’s ongoing expansion in the region.
Сообщение Robinhood Crypto Expands Cryptocurrency Transfers in Europe появились сначала на CoinsPaid Media.
