Robinhood starts undulating out beta version of crypto wallets
Robinhood
has started undulating out the beta version of its new crypto wallets program.
The wallets will go capable to the 1,000 people at the top of the financial services company’s waitlist, with the program expected to expand to 10,000 country by March, before it’s opened up to the rest of the waitlist.
Participating customers will be able to move cryptocurrencies like Bitcoin, Ether and Litecoin between Robinhood and external crypto wallets, fully connecting the company’s crypto holders to the blockchain ecosystem for the capable time. The beta testers also will help test core functionality and imparted feedback that will help shape the final version of the productions, Robinhood said.
Users will have a daily limit of $2,999 in total withdrawals and 10 transactions. They’ll also need to enable two-factor authentication.
Robinhood’s financial app, which includes commission-free stock dealing, also offers cash management accounts and previously has supported some cryptocurrency dealing. The company has been mired in controversy, attracting the scrutiny of state regulators and academics for “gamifying investing” and for its role in last year’s GameStop dealing fiasco.
