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Robinhood Pockets, the multi-chain Web3 pockets, has prolonged its choices by introducing assist for Bitcoin and Dogecoin. All Robinhood Pockets customers can now entry custody, ship, and obtain features for each Bitcoin and Dogecoin.
The platform has additionally initiated in-app Ethereum swaps. The characteristic is already out there to pick customers for 200+ tokens. Throughout the subsequent few weeks, a bigger viewers will be capable to entry Robinhood’s in-app Ethereum swaps.
Notably, people can swap with out even proudly owning Ethereum of their pockets. This system is designed in such a means that community charges are deducted from the tokens that customers already personal.
This characteristic simplifies crypto buying and selling for customers and permits for broader crypto adoption.
Robinhood has been attentive to person suggestions since its public launch in March. During the last six months, the corporate has launched a web3 browser that enables customers to hook up with decentralized functions straight from their wallets. The platform presently options assist for Polygon, Ethereum, Arbitrum, Optimism, and now Bitcoin and Dogecoin.
Robinhood additionally shared that it’s actively working to increase accessibility to further low-cost, speedy, and safe Layer 2 chains that customers have requested.
As well as, the platform has launched a fiat onramp, permitting eligible U.S. customers to straight purchase or switch crypto by Robinhood Join.
Greater than that, Robinhood has expanded its rewards program by providing studying rewards. This characteristic permits people to finish brief classes and earn USDC.
At the moment accessible to iOS customers, the corporate plans to launch the Android model of Robinhood Pockets later this 12 months. Android customers can now be a part of the waitlist for notifications on a devoted web page.
“With Robinhood Pockets we stripped away most of the complexities of DeFi and the broader Web3 ecosystem, and decreased among the challenges and obstacles to entry for on a regular basis folks,” mentioned Johann Kerbrat, GM of Robinhood Crypto. “We’ve been actually inspired by the adoption to this point, and are excited to maintain constructing for our prospects around the globe as we ship new options and increase assist for brand spanking new networks and tokens.”
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