Robinhood is saying the addition of probably the most requested app options in European markets.
In response to a brand new press launch, Robinhood Crypto prospects in Europe can now full crypto transfers utilizing the Robinhood buying and selling app.
“Crypto transfers allow prospects to deposit and withdraw greater than 20 cryptocurrencies, together with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), and others, giving them higher flexibility and management over their digital property.”
The launch announcement can be accompanied by a particular promotion providing customers a 1% match on crypto deposits.
Says Johann Kerbrat, VP and GM of Robinhood Crypto,
“With the launch of crypto transfers in Europe, we’re making self-custody and coming into DeFi less complicated and extra accessible for our prospects.
Assist for deposits and withdrawals offers prospects extra management over their crypto, whereas guaranteeing they’ve the identical secure, low-cost, and dependable expertise they count on from Robinhood.”
In an interview with CNBC, Kerbrat expands on the enlargement, explaining the attraction to the European crypto markets.
“The EU can turn out to be a really enticing market subsequent 12 months… When it comes to complete addressable market, [the EU] is as large because the U.S. It’s undoubtedly an fascinating marketplace for us.”
Kerbrat additionally praises the EU’s Markets in Crypto-Property (MiCA) rules, highlighting the stark variations between the EU and the US’s approaches to crypto rules.
“We’re disillusioned by the best way U.S. regulation is occurring, the place it’s principally regulation by enforcement. We’re not tremendous comfortable to see that.”
Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox
Verify Value Motion
Observe us on X, Fb and Telegram
Surf The Day by day Hodl Combine
 
Disclaimer: Opinions expressed at The Day by day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any losses you could incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in internet online affiliate marketing.
Featured Picture: Shutterstock/Fona
