Robinhood Crypto Introduces Cryptocurrency Transfers in Europe

Robinhood Crypto has announced the launch of cryptocurrency transfers for its European customers, a highly requested feature in the region. According to a GlobeNewswire report, customers can now deposit and withdraw more than 20 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC).

Enhanced Control and Flexibility

This new feature aims to provide customers with greater control and flexibility over their digital assets. Johann Kerbrat, VP and GM of Robinhood Crypto, stated, “With the launch of crypto transfers in Europe, we’re making self-custody and entering DeFi simpler and more accessible for our customers.”

For a limited time, Robinhood Crypto is offering a 1% match on all crypto deposits for European customers, paid out in the same cryptocurrency they deposit, subject to a cap.

Additional Benefits

Robinhood Crypto’s European customers can also enjoy other benefits, such as:

• Buying, selling, and holding over 35 cryptocurrencies at competitive rates.
• Zero-fee Bitcoin trading and a reward of 30 BTC for new sign-ups.
• Staking SOL to earn an estimated 5.23% APY, with a limited-time 100% staking earning match.
• 15% rewards on USDC holdings with no limit until December 15, 2024.
• Learning and earning rewards for cryptocurrencies like BTC, PEPE, AVAX, and USDC.

Security and Reliability

Robinhood Crypto ensures the safety of its customers' digital assets by holding the majority of crypto in cold storage. The platform also offers crime insurance against theft and cybersecurity breaches, providing peace of mind for users. Additionally, Robinhood Crypto does not lend or leverage customer crypto assets.

Eligible customers in Europe can start using the crypto transfer feature today. For more information, visit Robinhood Crypto's official website.