Robinhood Pulls Again Curtain on Android Crypto Pockets for Extending Entry

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Robinhood has introduced the official launch of its
cryptocurrency pockets for Android customers. This transfer is ready to broaden entry to
digital currencies for thousands and thousands of potential customers globally. The enlargement to
Android comes roughly a 12 months after the preliminary rollout of the Robinhood
Pockets to iOS customers worldwide.

The Android model has been in beta testing till now, with
a public waitlist out there for registrations. With the overall launch, all
prospects who had beforehand joined the waitlist can now obtain the Android
pockets and start using its options, Robinhood revealed right now (Wednesday).

Seong Lee, Head of Product at Robinhood Crypto, Supply: LinkedIn

Johann Kerbrat, Common Supervisor of Robinhood Crypto, Supply: LinkedIn

Johann Kerbrat, the Common Supervisor of Robinhood Crypto,
expressed that the Android launch signifies an development within the firm’s
dedication to creating cryptocurrencies extra accessible and seamlessly built-in
into each day life for thousands and thousands worldwide.

The self-custodial pockets was first launched final 12 months and
has garnered a whole lot of hundreds of downloads globally since its inception,
in keeping with the corporate’s assertion. The pockets, as outlined on the Robinhood
web site, facilitates crypto ship, obtain, and retailer capabilities throughout numerous
networks, together with Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism,
and Base.

Charge-Free Token Swaps

Moreover, it helps token swaps on Ethereum, Polygon,
and Arbitrum by way of decentralized alternate aggregators 0x API and LI.FI.
Importantly, customers aren’t subjected to service charges on token swaps, though
commonplace blockchain transaction charges apply. Robinhood
emphasised that the Android rollout represents merely the preliminary part for
Robinhood Pockets. The corporate intends to repeatedly improve the pockets’s
functionalities, incorporating new options based mostly on consumer suggestions within the
coming months.

“We’re actively working to offer Robinhood Pockets
customers entry to cross-chain swaps by way of decentralized alternate aggregators quickly
and on-ramps that decrease obstacles to entry in web3,” Seong Lee, the Head of
Product at Robinhood Crypto, advised The Block in a press release. “By working
with organizations like Arbitrum, LI.FI and 0x, we’ll assist customers do much more
with their crypto.”

Robinhood has introduced the official launch of its
cryptocurrency pockets for Android customers. This transfer is ready to broaden entry to
digital currencies for thousands and thousands of potential customers globally. The enlargement to
Android comes roughly a 12 months after the preliminary rollout of the Robinhood
Pockets to iOS customers worldwide.

The Android model has been in beta testing till now, with
a public waitlist out there for registrations. With the overall launch, all
prospects who had beforehand joined the waitlist can now obtain the Android
pockets and start using its options, Robinhood revealed right now (Wednesday).

Seong Lee, Head of Product at Robinhood Crypto, Supply: LinkedIn

Johann Kerbrat, Common Supervisor of Robinhood Crypto, Supply: LinkedIn

Johann Kerbrat, the Common Supervisor of Robinhood Crypto,
expressed that the Android launch signifies an development within the firm’s
dedication to creating cryptocurrencies extra accessible and seamlessly built-in
into each day life for thousands and thousands worldwide.

The self-custodial pockets was first launched final 12 months and
has garnered a whole lot of hundreds of downloads globally since its inception,
in keeping with the corporate’s assertion. The pockets, as outlined on the Robinhood
web site, facilitates crypto ship, obtain, and retailer capabilities throughout numerous
networks, together with Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism,
and Base.

Charge-Free Token Swaps

Moreover, it helps token swaps on Ethereum, Polygon,
and Arbitrum by way of decentralized alternate aggregators 0x API and LI.FI.
Importantly, customers aren’t subjected to service charges on token swaps, though
commonplace blockchain transaction charges apply. Robinhood
emphasised that the Android rollout represents merely the preliminary part for
Robinhood Pockets. The corporate intends to repeatedly improve the pockets’s
functionalities, incorporating new options based mostly on consumer suggestions within the
coming months.

“We’re actively working to offer Robinhood Pockets
customers entry to cross-chain swaps by way of decentralized alternate aggregators quickly
and on-ramps that decrease obstacles to entry in web3,” Seong Lee, the Head of
Product at Robinhood Crypto, advised The Block in a press release. “By working
with organizations like Arbitrum, LI.FI and 0x, we’ll assist customers do much more
with their crypto.”



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