in

Robinhood users may soon be able to withdraw crypto for the first time

Robinhood users may soon be able to withdraw crypto for the first time



View Reddit by C4-POView Source

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

7 Comments

  1. tldr; Retail trading platform Robinhood is reportedly testing a new crypto wallet feature that would allow users to send and receive crypto-assets such as Bitcoin (BTC). Robinhood users are currently only able to buy crypto with US dollars and trade digital assets on the platform, as the app does not support crypto deposits and withdrawals. Robinhood generated $5 million from crypto trading in 2020.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. > Robinhood is reportedly testing a long-awaited digital wallet feature that enables users to send and receive crypto-assets such as Bitcoin

    > Robinhood CEO Vlad Tenev announced that the firm was finally exploring introducing a crypto wallet

    A “wallet feature” with “transfers”

    No withdrawal to see here. It will be limited to transferring cryptocurrency to other RH accounts

  3. I actually don’t want this on the platform.

    It is harder to have your money stolen if a hacker cannot put funds into a crypto address.

    The only way now is to send money out to a bank. It’s slow and traced.

    That’s the only reason I held some on RH.

What do you think?

Bitcoin Plunged to $40.7k, and Spiked to $43k In Minutes (Updated Market Watch)

Source: Pixabay

Bitcoin Is Salvador: 2.1 Million Salavadorans Are Using Chivo Wallet | CryptoGazette