Online retail investment platform Robinhood has launched its long-awaited cryptocurrency wallet for beta testing, which will finally allow users to withdraw crypto from the platform.
The first 1,000 users who signed up for the “Wallets” waiting list can participate in the beta test. Wallets testers will be able to withdraw cryptocurrencies worth up to $2,999 in a maximum of 10 daily transactions.
Robinhood is a financial services platform backed by Citadel Securities that offers cryptocurrency and stock trading. Buying crypto users from Robinhood have been waiting for the Wallets to launch since mid-2021, when the waiting list was created. The latest public count of waitlist sign-ups revealed by Brown stood at 1.6 million in November, or about 7% of its total user base.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.