Robinhood has announced the official launch of its cryptocurrency wallet for Android users. The move is set to widen access to digital currencies to millions of potential users globally. The Android expansion comes nearly a year after the initial rollout of Robinhood Wallet to iOS users worldwide.
The Android version is currently in beta testing, with a public waiting list available for registration. Robinhood announced today (Wednesday) that with the general release, all customers who previously joined the waiting list can now download the Android wallet and start using its features.
Seong Lee, Head of Product at Robinhood Crypto, Source: LinkedIn
Johan Kerbrat, General Manager of Robinhood Crypto, Source: LinkedIn
Johan Kerbrat, general manager of Robinhood Crypto, expressed that the Android launch represents progress in the company’s dedication. Cryptocurrency
Cryptocurrency
Virtual currencies, also known as cryptocurrencies, are nearly counterfeit-proof digital currencies built on blockchain technology, using cryptography. Consisting of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner that theoretically protects them from government interference. The term cryptocurrency comes from the origin of encryption techniques used to secure networks.
Virtual currencies, also known as cryptocurrencies, are nearly counterfeit-proof digital currencies built on blockchain technology, using cryptography. Consisting of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner that theoretically protects them from government interference. The term cryptocurrency comes from the origin of encryption techniques used to secure networks.
Read this term More accessible and seamlessly integrated into everyday life for millions of people around the world.
The self-custodial wallet was first introduced last year and has received hundreds of thousands of downloads globally since its inception, according to a company statement. As outlined on the Robinhood website, the wallet facilitates the sending, receiving and store functions of crypto on various networks including Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism and Base.
Just In: Robinhood Launches Crypto Wallet on Google Play for Android Users
— Watcher.Guru (@WatcherGuru) 20 March 2024
Fee-free token swap
In addition, it supports token swaps on Ethereum, Polygon and Arbitrum via the decentralized exchange aggregator 0x API and LI.FI. Importantly, users are not charged service fees on token swaps, although standard blockchain transaction fees apply. Robinhood emphasized that the Android rollout represents only the initial phase for the Robinhood wallet. The company intends to continuously enhance the functionality of the wallet by adding new features based on user feedback in the coming months.
“We are actively working to provide cross-chain access to Robinhood Wallet users swap
exchange
Swaps can be defined as derivative contracts made up of two parties that exchange cash flows between two separate financial instruments. They are generally divided into two categories. These include contingent claims (options) and forward claims, where forward contracts, swaps and exchange-traded funds (ETFs) are exchanged. Commodity prices, equity prices, interest rates, and foreign exchange rates are common variables that are used as one of the cash flows in a swap after initiation. Different forms of exchange
Swaps can be defined as derivative contracts made up of two parties that exchange cash flows between two separate financial instruments. They are generally divided into two categories. These include contingent claims (options) and forward claims, where forward contracts, swaps and exchange-traded funds (ETFs) are exchanged. Commodity prices, equity prices, interest rates, and foreign exchange rates are common variables that are used as one of the cash flows in a swap after initiation. Different forms of exchange
Read this term Soon and on-ramp through decentralized exchange aggregators that lower the barriers to entry to Web3,” Seong Lee, head of product at Robinhood Crypto, told The Block in a statement. “Working with organizations like Arbitrum, LI.FI and 0x, we’re helping users do more with their crypto. Let’s help.”
Robinhood has announced the official launch of its cryptocurrency wallet for Android users. The move is set to widen access to digital currencies to millions of potential users globally. The Android expansion comes nearly a year after the initial rollout of Robinhood Wallet to iOS users worldwide.
The Android version is currently in beta testing, with a public waiting list available for registration. Robinhood announced today (Wednesday) that with the general release, all customers who previously joined the waiting list can now download the Android wallet and start using its features.
Seong Lee, Head of Product at Robinhood Crypto, Source: LinkedIn
Johan Kerbrat, General Manager of Robinhood Crypto, Source: LinkedIn
Johan Kerbrat, general manager of Robinhood Crypto, expressed that the Android launch represents progress in the company’s dedication. Cryptocurrency
Cryptocurrency
Virtual currencies, also known as cryptocurrencies, are nearly counterfeit-proof digital currencies built on blockchain technology, using cryptography. Consisting of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner that theoretically protects them from government interference. The term cryptocurrency comes from the origin of encryption techniques used to secure networks.
Virtual currencies, also known as cryptocurrencies, are nearly counterfeit-proof digital currencies built on blockchain technology, using cryptography. Consisting of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner that theoretically protects them from government interference. The term cryptocurrency comes from the origin of encryption techniques used to secure networks.
Read this term More accessible and seamlessly integrated into everyday life for millions of people around the world.
The self-custodial wallet was first introduced last year and has received hundreds of thousands of downloads globally since its inception, according to a company statement. As outlined on the Robinhood website, the wallet facilitates the sending, receiving and store functions of crypto on various networks including Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism and Base.
Just In: Robinhood Launches Crypto Wallet on Google Play for Android Users
— Watcher.Guru (@WatcherGuru) 20 March 2024
Fee-free token swap
In addition, it supports token swaps on Ethereum, Polygon and Arbitrum via the decentralized exchange aggregator 0x API and LI.FI. Importantly, users are not charged service fees on token swaps, although standard blockchain transaction fees apply. Robinhood emphasized that the Android rollout represents only the initial phase for the Robinhood wallet. The company intends to continuously enhance the functionality of the wallet by adding new features based on user feedback in the coming months.
“We are actively working to provide cross-chain access to Robinhood Wallet users swap
exchange
Swaps can be defined as derivative contracts made up of two parties that exchange cash flows between two separate financial instruments. They are generally divided into two categories. These include contingent claims (options) and forward claims, where forward contracts, swaps and exchange-traded funds (ETFs) are exchanged. Commodity prices, equity prices, interest rates, and foreign exchange rates are common variables that are used as one of the cash flows in a swap after initiation. Different forms of exchange
Swaps can be defined as derivative contracts made up of two parties that exchange cash flows between two separate financial instruments. They are generally divided into two categories. These include contingent claims (options) and forward claims, where forward contracts, swaps and exchange-traded funds (ETFs) are exchanged. Commodity prices, equity prices, interest rates, and foreign exchange rates are common variables that are used as one of the cash flows in a swap after initiation. Different forms of exchange
Read this term Soon and on-ramp through decentralized exchange aggregators that lower the barriers to entry to Web3,” Seong Lee, head of product at Robinhood Crypto, told The Block in a statement. “Working with organizations like Arbitrum, LI.FI and 0x, we’re helping users do more with their crypto. Let’s help.”