Robinhood's Wallet Can Now Be Used By IOS Customers Worldwide

Robinhood, the commission-free stock and cryptocurrency trading app, has formally released its self-custody wallet to all 1 million+ iOS customers in its queue. The Robinhood Wallet is now accessible in over 130 countries and can be purchased from the IOS App Store. Users can make up to 5 USDC after moving $10 of crypto from Robinhood Crypto or 1 USDC after depositing $10 from another wallet or exchange for a limited period.

According to Johann Kerbrat, CEO of Robinhood Crypto, the comments for Robinhood Wallet have been highly favorable since the test debut. Customers have praised the app's accessibility and ease of use, as well as the ability to self-custody their digital assets and exchange them with no network costs on Polygon. Robinhood rapidly introduced Ethereum support, realizing that customers want more currencies on more networks. Despite the turbulent few months in the crypto sector, Robinhood stays dedicated to its goal of becoming the most trustworthy, low-cost, and simple-to-use on-ramp to crypto.

Introducing Robinhood Wallet: The User-Friendly Web3 Wallet with Powerful Features

Robinhood Wallet is a multi-chain, self-custody Web3 wallet that enables users to own and exchange cryptocurrency while also connecting to a variety of autonomous applications (dapps). To support the next wave of Web3 users, it blends the simple design that users have come to anticipate from Robinhood with potent tools that stretch the limits of a normal wallet. Individuals have complete authority over their cryptocurrency, which means that only they retain and keep the secret passwords to their assets.

Robinhood Wallet has experienced several noteworthy adjustments based on user input since its test debut in September. It now accepts Ethereum and 50+ ERC tokens allow token transfers such as COMP, MATIC, SHIB, SOL, UNI, USDC, and many more, and enables NFTs on both Ethereum and Polygon. Consumers can still exchange coins and assets on Polygon with no network costs, browse Web3 and DeFi, and link to their beloved dapps.

Secure your Crypto: Robinhood's Tools and Tips for Wallet Protection

Robinhood prioritizes security and privacy, and the business has developed a number of tools to assist consumers in securing their Robinhood Wallet. To identify every time they access the app, users must configure either Face/Touch ID or a unique Password. They will also be requested to generate a private retrieval phrase, also known as a seed phrase, which will grant them access to their vault and cryptocurrency. People should keep this password code secure and never share it with anyone. They can physically back up their wallet by jotting down the recovery phrase and keeping it offline, or they can save it in a safe password organizer.

While Robinhood Wallet is currently accessible to all iOS users, Android support will be added later this year. Android users can sign up for the queue in order to be informed when it becomes accessible. Robinhood intends to debut a Web3 browser, add support for other cryptocurrencies, and extend its in-app incentives program in the future months.

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iOS: t.ly/UUCj

Android: t.ly/cfYt