• Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
What's Hot

Turkey’s Defense Industry Experiences Rapid Growth and Record Arms Exports

March 28, 2023

How Rising Tobacco Prices are Affecting Smoking Cessation Around the World

March 8, 2023

Is it possible to buy NFT and help the Ukrainian army at the same time?

February 17, 2023
Facebook Twitter Instagram
  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
CryptodailyNews24
  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
CryptodailyNews24
Home»Crypto»Robinhood: Bitcoin transfers enabled for all users
Crypto

Robinhood: Bitcoin transfers enabled for all users

Donald MunnBy Donald MunnJuly 9, 2022Updated:September 29, 2022No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Robinhood has announced the enabling of Bitcoin (BTC) transfers and listed cryptocurrencies in its trading app for all users. As of now, it will also be possible to send and receive cryptocurrencies. 

Robinhood and the activation of Bitcoin and cryptocurrency transfers

Robinhood’s trading app announced that it had enabled transfers for all users in regards to Bitcoin (BTC) and all listed cryptocurrencies. 

Crypto transfers are here. You can now send and receive all listed crypto assets on Robinhood: https://t.co/B41xoSGcQA pic.twitter.com/Tw18oIgSGX

— Robinhood (@RobinhoodApp) July 7, 2022

“Cryptocurrency transfers are here. You can now send and receive all cryptocurrencies listed on Robinhood.”

Basically, if trading could be done before, from now, users will also be able to send and receive listed cryptocurrencies through the app. Not only that, in the video shown in the tweet, Robinhood demonstrates that it will not charge any fees for Bitcoin transfers from its platform.

Robinhood only entered the crypto world in 2018 after announcing the launch of its industry-focused subsidiary, namely Robinhood Crypto. 

Robinhood aims to consolidate its position in the cryptocurrency sector

Robinhood continues to consolidate its presence in the world of cryptocurrencies

This new possibility, offered by Robinhood, brings the trading app to perform all the operations of classic cryptocurrency exchanges, aiming to consolidate its position in this new sector. 

Not only that, but recently, Robinhood announced the launch of its Web3 non-custodial wallet, which would allow its users to have full control of their cryptocurrencies. The new Web3 multi-chain wallet will be an independent app, and customers will be able to hold the keys to their assets by accessing dApps directly. 

Also immediately highlighting today’s news was Shiba Inu, retweeting the video and commenting as follows:

“Woof! Robinhood transfers are now active for SHIB – a great opportunity for cryptocurrency enthusiasts.”

Its intervention comes after, in April 2022, Robinhood added SHIB to the list of cryptocurrencies listed on the app, causing SHIB’s price to pump by 21% in just two hours. 

The actions of cryptocurrency exchanges 

While Robinhood adds the functionality of BTC transfers and in listed cryptocurrencies, setting the fees for Bitcoin transfers from the platform to zero, other cryptocurrency exchanges have also been moving lately in anticipation of the long “crypto winter” we are currently experiencing. 

Binance, for example, with the occasion of celebrating its 5th anniversary, has also zeroed trading fees for 13 Bitcoin pairs with stablecoins and fiat currencies. 

Other cryptocurrency exchanges, however, are a bit more downbeat. Bitstamp has introduced new fees, such as one on inactive users of €10 per month. At the same time, Coinbase has announced that it will close Coinbase Pro by the end of the year. 

The post Robinhood: Bitcoin transfers enabled for all users appeared first on cryptodailynews24.com.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Donald Munn
Donald Munn
  • Website

Related Posts

The best PR films to inspire your crypto marketing strategy

January 2, 2023

Japan: tax breaks proposed for crypto investors

September 1, 2022

Bitcoin may have hit its low after Powell’s speech

September 1, 2022

Ripple’s plans to tokenize land in Colombia did not take off

September 1, 2022
Add A Comment

Comments are closed.

Advertisement
Top Posts

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

The latest news about Bitcoin, ICO, blockchain and fintech.

Top Insights

Turkey’s Defense Industry Experiences Rapid Growth and Record Arms Exports

March 28, 2023

How Rising Tobacco Prices are Affecting Smoking Cessation Around the World

March 8, 2023

Is it possible to buy NFT and help the Ukrainian army at the same time?

February 17, 2023
Get Informed

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
© 2023 cryptodailynews24.com Submit news release

Type above and press Enter to search. Press Esc to cancel.