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Home Cryptocurrency

Robinhood Launches Long-Awaited Crypto Transfer Service for European Customers

András Crow-Hreidar by András Crow-Hreidar
1 October 2024
in Cryptocurrency
Reading Time: 2 mins read
0
representing Robinhoods launch of crypto transfer services for European customers with fewer cryptocurrency symbols Focus on the Ro

Robinhood has introduced a highly anticipated feature that enhances user control and flexibility over digital assets—crypto transfers for European customers. This new service allows users to deposit and withdraw over 20 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC).

Table of Contents

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  • Crypto Transfers Now Available for Robinhood’s European Customers
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  • More Benefits for European Customers

Crypto Transfers Now Available for Robinhood’s European Customers

Robinhood Crypto’s Vice President and General Manager, Johann Kerbrat, announced the launch, stating, “With the introduction of crypto transfers in Europe, we are making self-custody and access to DeFi more simple and accessible for our customers. Depositing and withdrawing crypto provides users with greater control over their assets while maintaining the same secure, low-cost, and reliable experience they expect from Robinhood.”

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To celebrate the launch, Robinhood is offering a 1% match on all crypto deposits made in the same currency for its European customers. This promotion is available for a limited time, with a cap of €10,000 in rewards per customer.

representing Robinhoods launch of crypto transfer services for European customers Include elements like the Robinhood logo digital

ADVERTISEMENT

More Benefits for European Customers

Beyond the crypto transfer feature, Robinhood provides several additional benefits for its European customers:

  • Competitive rates for buying, selling, and holding over 35 cryptocurrencies.
  • Zero-fee Bitcoin trading, along with a €30 BTC bonus for new sign-ups.
  • SOL staking with an estimated 5.23% APY, and a limited-time match on staking rewards.
  • 15% rewards on USDC holdings.
  • Participation rewards through the Learn and Earn program, where users can earn crypto such as BTC, PEPE, AVAX, and USDC.

Robinhood Crypto prioritizes security by storing most assets in cold storage, offering crime insurance, and providing strong protection against theft and cyberattacks. The new crypto transfer feature is now available to all eligible Robinhood Crypto customers in Europe.

Tags: bitcoincrypto transfersdefirobinhoodstaking
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András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

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