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Robinhood Crypto App Goes Live in EU

Source: Chloe

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A publicly-traded U.S. based pioneering investing and trading app, Robinhood, announced today (December 7, 2023) the introduction of its crypto trading app, Robinhood Crypto, to all eligible customers in the European Union.

Shortly before, Robinhood has expanded its brokerage services to the United Kingdom​.

Robinhood Crypto offers buy and sell support for 25+ cryptocurrencies. Besides, it enables users to track real-time prices, and access charts to help fine-tune their trading strategy. Users can also create watchlists, and monitor the latest news directly in the app.

"We believe crypto is the financial framework for tomorrow and that it plays a significant role in our mission to democratize finance for all," said Johann Kerbrat, GM of Robinhood Crypto. "For this reason, we’re thrilled to expand crypto trading to customers throughout the EU, enabling them to buy and sell their favorite tokens safely and securely. The EU has developed one of the world's most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans."   

Moreover, the crypto trading app offers opportunities for customers to earn a percentage of every trade back each month, which is paid out in Bitcoin and deposited directly into customer accounts.

Robinhood notes that it plans to add support for additional tokens, crypto transfers, crypto staking, crypto learning rewards, and more to Robinhood Crypto in 2024.

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