Robinhood Launches Crypto Transfers in Europe to Expand Market Reach
The trading app now allows European users to deposit and withdraw over 20 cryptocurrencies, enhancing control and access to DeFi.
- Robinhood's European customers can now transfer more than 20 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USD Coin.
- The new feature aims to provide users with greater flexibility and control over their digital assets, supporting self-custody.
- Robinhood is offering a 1% match on all crypto deposits for a limited time, enhancing its appeal to European customers.
- The move comes as part of Robinhood's broader strategy to expand its presence in the EU, following the launch of its crypto trading service in December.
- The expansion aligns with the EU's new Markets in Crypto-Assets (MiCA) regulation, which sets harmonized rules for the crypto sector across member states.