Robinhood reveals 1.6 million have signed up for their new crypto wallets. The firm further announced the launch date of its new crypto wallet.
Crypto exchanges have played an important role in the expansion of the crypto realm. These firms provide people with the best tools and easy access. Robinhood has been among such platforms that have provided easy access and service to people. Robinhood has been working on a crypto wallet and unveiled its plan in September 2021. The firm has announced the updates on this ongoing project this week.
Robinhood reveals launch of crypto wallets:
Robinhood reveals 1.6 million people have signed up for its wallets so far. Through this wallet, consumers will be able to send, receive, and trade crypto assets. The announcement further detailed:
In mid-January, we will launch the wallets beta phase, which will roll out to thousands of customers from the waitlist.
Robinhood also revealed that during the wallet’s alpha launch, which recently wrapped up, “a tight-knit group” of customers from the waitlist tested the company’s first crypto wallet iteration “and shared detailed design and functionality feedback. Robinhood reveals that it will be rolling out 24/7 phone support and crypto articles to help customers.
The trading platform also noted that crypto is new to many people and they are still familiarizing themselves with the space. Recently, Chainanlysis and Robinhood have partnered up to leverage blockchain data analytics.
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