15.05.2024
Mirjan Hipolito
Cryptocurrency and stock expert
15.05.2024

Robinhood Crypto opens up new opportunities for European clients

Robinhood Crypto opens up new opportunities for European clients Robinhood Crypto opens up new opportunities for European clients

​Robinhood Crypto has unveiled a number of new features to enhance the cryptocurrency trading experience for its European clients. These include the launch of staking, app localization, new rewards for users, and the expansion of the Learn & Earn educational modules.  

These innovations underscore Robinhood's commitment to increasing the accessibility and usability of cryptocurrencies for traders across Europe, GlobeNewswire reported. 

"Since launching late last year, our European clients have expressed a strong desire for localized support and additional opportunities to generate passive income. With one of the most user-friendly interfaces in the industry and a special focus on educational resources, we are excited to offer a more personalized experience that meets their financial aspirations," emphasized Johann Kerbrat, Vice President and General Manager of Robinhood Crypto. 

Key enhancements include: 

- Cryptocurrency staking: European Robinhood users can stake Solana (SOL) assets directly through the app. This feature allows them to earn rewards on assets with the ability to withdraw the stake at any time, providing flexibility and a new way to generate passive income. 

- Cryptocurrency rewards for new clients: As part of an initiative to attract new users, Robinhood is offering a 10% bonus on net purchases during the first 30 days of trading, payable in USDC. This incentive is aimed at enhancing the crypto investing experience for newcomers. 

- Localized apps: In response to user feedback, Robinhood Crypto will soon release special versions of its app for clients in Italy, Poland, and Lithuania. This update will provide a more comfortable and confident trading experience in their native language. 

- Learn & Earn program expansion: Recognizing the importance of education in cryptocurrency trading, Robinhood Crypto is expanding its Learn & Earn program to include modules on AVAX, BTC, and USDC. These educational modules, which will soon be available in multiple languages, reward users for learning about cryptocurrencies and enrich their trading experience. 

Robinhood Crypto has seen significant activity since its European launch in December, with Bitcoin (BTC), Solana (SOL), and Ethereum (ETH) topping the trading volume charts. The platform has become the preferred choice for many aspiring crypto traders in Europe due to its ease of use and valuable insights offered through the Learn & Earn program. 

The expansion of the platform and customization of its services are designed to strengthen Robinhood Crypto's presence in the European market, making it a key player in the region's evolving crypto landscape. 

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