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Spotlight Investment Group IT Director Shana Sissel discusses SEC Chairman Gary Gensler’s comments on the longevity of cryptocurrency and athletes converting their salaries to cryptocurrency.
Robinhood announced on Wednesday that it is rolling out a crypto wallet feature in its app, making it easier for customers to trade digital currencies.
Starting next month, the company said in a blog post, a small group of Robinhood customers will begin testing the wallets in a trial run and there is a waiting list for people who want to try it out. – same as access is gradually extended.
| Teleprinter | Security | Last | Switch | Switch % |
|---|---|---|---|---|
| HOOD | ROBINHOOD MARKETS, INC. | 46.88 | +4.59 | + 10.85% |
Robinhood founders Baiju Bhatt and Vladimir Tenev (Photo courtesy of Robinhood) (Robin Hood)
ROBINHOOD REPORTS SLOWING NEGOTIATIONS DESPITE STRONG SECOND QUARTER REVENUES BOOSTED BY CRYPTO
“With wallets you will be able to transfer crypto so you can use $ ETH to buy that NFT you watched, use #bitcoin to buy coffee, send DOGE to a friend, or move supported crypto from your own wallet. to your Robinhood Crypto account for commission-free transactions, ”Christine Brown, COO of Robinhood crypto, explained in a tweet.
The company and Brown both reported that the new crypto wallets follow countless requests from customers who have pleaded for the feature.
“What took us so long?” Brown added. “We want to make sure that transferring crypto on Robinhood is safe, secure and easy. Many people will be doing on-chain transactions for the first time and the security of your coins is our # 1 priority.”
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The COO continued by noting that as of Wednesday, Robinhood customers now have the option to set up recurring crypto investments, which allows coins to be purchased – or fractions of them – on a schedule. without paying any commission.
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