Robinhood Wallet has incorporated support for Bitcoin
Dogecoin, along with introducing Ethereum swaps within its platform. This move
comes after the wallet’s successful global launch six months ago, garnering a
widespread user base across 140 countries. The wallet now offers custody, send,
and receive support for Bitcoin and Dogecoin.
Additionally, according
to a statement published on its website, Robinhood Wallet is stepping into the
decentralized finance (DeFi) sector by enabling in-app swaps on the Ethereum
network. The rollout begins with select users gaining access to over 200
tokens, with plans to extend this feature to the wider user base in the near
future.
Jahann Kerbrat, the General Manager of Robinhood Crypto,
remarked: “With Robinhood Wallet, we stripped away many of the
complexities of DeFi and broader Web3 ecosystem and reduced some of the
challenges and barriers to entry for everyday people. We are excited to keep
building for our customers around the world as we ship new features and expand
support for new networks and tokens.”
Currently, Robinhood
Wallet supports a wide range of cryptocurrencies across multiple networks,
including Arbitrum, Bitcoin, Ethereum, Dogecoin, Optimism, and Polygon. On the
platform, users can…
