Robinhood, the European crypto division of Robinhood, has announced the listing of the USDC stablecoin on its platform.
Along with this, the exchange has launched a program that allows users to earn up to 10% rewards for USDC stored on the Robinhood Crypto app.
Loading...
"Users in select jurisdictions can earn USDC rewards for storing USDC from March 1 through June 15," Robinhood said on its website.
However, the company emphasized that members of the program can earn rewards of up to 10% with a maximum payout of $1,000 in USDC during the promotional period.
Robinhood has also given its clients the opportunity to receive 5 euros in USDC as a reward for testing their knowledge of cryptocurrencies.
To receive the reward, you need to go to the "Learn about crypto" page under the "Cryptocurrency" home tab and select "Learn and Earn $5 USDC.".
It is worth noting that this news sent HOOD stock soaring in the pre-market. HOOD stock jumped 12% to $19.25 in the premarket.
HOOD stock is currently trading at $17.16, up 4.7% in the past 24 hours.
Previously, Robinhood announced the addition of BONK to its lineup of meme tokens available on the platform.
These latest initiatives underscore the company's commitment to meeting the growing needs of its clients and also demonstrate its desire to provide users with the best trading conditions in the financial markets.
Read also: JustMarkets has launched a $30 welcome bonus