Robinhood unveils fee-free crypto wallet to 2 million users – The National

Robinhood unveils fee-free crypto wallet to 2 million users – The National

Zero-commission trading app Robinhood Markets has activated its long-awaited Crypto Wallet feature, giving more than 2 million users a fee-free option to store and transfer digital currencies.

Eligible customers who signed up for the wait-list will be able to send and receive all cryptocurrencies currently available on Robinhood, Vlad Tenev, the company's co-founder and chief executive, said in a blog post on Thursday.

“With Wallets, customers will have full access to their crypto and can use it to participate in the crypto ecosystem — by tipping on social media, paying for NFTs [non-fungible tokens] and more. Unlike some other crypto platforms, there is no fee to withdraw crypto from Robinhood,” he said.