• Robinhood, a crypto and stock trading platform, has begun rolling out its Robinhood Wallet.
• The wallet supports over 50 cryptocurrencies, including Shiba Inu, ETH, Solana and USDC, as well as NFTs.
• The wallet also reportedly has no fees for swaps on Polygon.
The much-anticipated Robinhood Wallet has finally begun rolling out to the over one million users on the waitlist. On Thursday, the General Manager of Crypto for Robinhood, Johannn Kerbrat, took to Twitter to provide an update on the wallet. According to Kerbrat, users can now access the wallet and take advantage of its many features.
The Robinhood Wallet supports over 50 different cryptocurrencies, allowing users to transfer and swap their digital assets. Some of the most notable names of the supported cryptocurrencies include Shiba Inu, ETH, Solana (SOL), and USDC. Additionally, the wallet also provides support for Non-Fungible Tokens (NFTs) on the Ethereum and Polygon blockchains.
The wallet has also reportedly added a feature that will allow users to carry out swaps on Polygon without any fees. This is a major plus for users who want to take advantage of the low transaction fees on the Polygon network.
The Robinhood Wallet is the latest addition to the platform’s growing list of crypto-related products and services. Since its launch in 2020, Robinhood has been steadily expanding its crypto offering and has recently added support for Ethereum and Dogecoin.
The addition of the wallet is expected to give another boost to the crypto market, and particularly to Shiba Inu, which has been seeing a major upside since the crypto market began its recovery rally.
The Robinhood Wallet is the latest development in the crypto space and is likely to become a major player in the market. The wallet’s support for major cryptocurrencies, NFTs, and low fees on Polygon swaps are sure to attract more users and help legitimize the market.