Robinhood Crypto Launches Bitcoin (BTC), Ethereum (ETH), Solana (SOL) Transfers Across Europe

Robinhood Crypto, from Robinhood Markets (Nasdaq: HOOD), has recently launched cryptocurrency transfers across European markets.

Robinhood Crypto customers residing in Europe are now able to deposit as well as withdraw 20+ cryptocurrencies, and will reportedly be able to earn a 1% deposit match for a limited time period, according to a blog post.

Robinhood Crypto has introduced cryptocurrency transfers for customers in Europe, which is one of the “most requested” features in the area.

Crypto-asset transactions allow clients to deposit as well as easily make withdrawals in more than 20 cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), and others.

Johann Kerbrat, VP and GM of Robinhood Crypto said that support for deposits and withdrawals gives customers “more control” over their crypto, while ensuring they have the same “safe, low-cost, and reliable experience they expect from Robinhood.”

For a limited time period, Robinhood Crypto said that it is providing clients across European markets a 1% match on all crypto deposits, which will reportedly be paid out in the same cryptocurrency they deposit via the platform, but this current offer is subject to a cap.

Crypto transfers in Europe are said to be just one of the many benefits Robinhood Crypto offers.

Customers of Robinhood Crypto can also:

  • Buy, sell, and hold 35+ cryptocurrencies at the lowest cost on average.2
  • Trade Bitcoin with zero fees and get 30 in BTC when you sign up.3
  • Stake their SOL to earn an estimated 5.23% APY. For a limited time, customers can get even more SOL with a 100% staking earning match.4
  • Get 15% rewards on USDC holdings with no limit.5
  • Earn rewards for learning about cryptocurrencies such as BTC, PEPE, AVAX, and USDC.6

Robinhood Crypto also provides protection for users’ crypto coins as well as “peace of mind” that your digital assets are “safe.”

Robinhood Crypto claims that it does not lend out clients’ crypto holding or even leverage against it.

The Fintech firm further claims that it holds the majority of crypto in cold storage, and customers’ accounts are said to be backed by robust security measures.

In addition Robinhood Crypto claims that it provides “crime insurance” against potential theft and cybersecurity threats, attachs/breaches.

Crypto transactions are available to eligible Robinhood Crypto customers in Europe starting now.

It’s worth noting that crypto-assets are held with assistance from Robinhood Crypto. If you truly want to own your digital assets, then you need to create a non-custodial wallet which will hold cryptocurrencies like Bitcoin that only you can access. In simple terms, what this means is that you should be the only one able to access the private keys associated with your crypto wallet. This way, your funds are truly yours and can never be confiscated by another party for any reason. As the popular saying goes, “not your keys, not your Bitcoin (or crypto).”

Centralized platforms like Robinhood, Revolut, and others may offer greater convenience to crypto holders but it comes with a certain level of risk. That’s because centralized platforms are prime targets of not only hackers but the service provider could also suddenly restrict access to your own funds.



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