Robinhood screening crypto wallet, cryptocurrency transfer functions

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Robinhood screening crypto wallet, cryptocurrency transfer functions

Robinhood Markets is checking brand-new crypto wallet and cryptocurrency transfer functions for its app which would enable clients to send out and get digital currencies such as bitcoin, Bloomberg News reported on Monday.

A beta variation of its iPhone app revealed the business’s deal with such functions, the report stated.

There was likewise a surprise image revealing a waitlist page for users registering for a crypto wallet function, the report included.

A representative for Robinhood decreased to comment.

The business’s retail investors have long waited for a crypto wallet. A day prior to the brokerage revealed its very first quarterly outcomes last month, the leading concern on State, a platform that lets business crowdsource concerns from retail financiers, was whether the brokerage was getting such a wallet.

The trading app operator has actually wagered huge on the retail financier interest in the digital currency area. Previously this month, the business stated it would present crypto repeating financial investments, permitting users to purchase digital coins commission-free and with as low as $1 on a schedule of their option.

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