Now Robinhood Users Can Transfer Cryptocurrencies To Other Platforms

Robinhood crypto exchange. (Token1000x)

JAKARTA Crypto trading company Robinhood allows its users to send crypto assets to other crypto platforms. In addition, Robinhood also allows users to send Bitcoin, Shiba Inu, Dogecoin, and other digital assets from outside to the Robinhood app.

As reported by U.Today, the second-largest meme coin ended up listed on Robinhood in early April after a petition Change.org asking the company to add SHIB to more than half a million votes.

Robinhood started jumping into cryptocurrency trading in 2018, adding support for Bitcoin, Dogecoin, and several other coins.

Earlier this year, trading apps launched a non-custodial wallet, which allows traders to manage their own cryptocurrencies. Last month, Bloomberg reported that FTX intended to buy Robinhood, but the crypto trading company denied the rumors.

Crypto transfers are here, reads a tweet from Robinhood. Now you can send and receive all the crypto assets listed in Robinhood.

The tweet features a video in which the company announced it would not charge a fee for bitcoin transfers out of its platform.

Reporting from Bitcoin Magazine, Robinhood's history with Bitcoin and cryptocurrencies is nothing new. The financial services company, which is interesting, especially for retail investors and popularized the commission-free stock trading model, began jumping into the sector in 2018 after announcing the immediate launch of its cryptocurrency-focused subsidiary, Robinhood Crypto.