Robinhood opens cryptocurrency pockets to beta testers

Robinhood opens cryptocurrency pockets to beta testers



Back in September, Robinhood introduced plans to check a cryptocurrency pockets inside its app. At the time, the corporate mentioned it might open the beta to a small variety of individuals earlier than increasing availability forward of a full-scale launch. If you joined the ready record Robinhood create, now you can check the pockets for your self – offered you have been one of many first 1,000 individuals to join the beta.

In a weblog submit the corporate printed immediately, Robinhood mentioned it might invite 10,000 people to the beta by March, with extra to comply with later. In addition to storing cryptocurrencies, the corporate’s pockets permits you to transfer them off the app to different exterior wallets. During the testing interval, the corporate will restrict each day withdrawals to a complete of $2,999. It may even restrict customers to 10 transactions per day, and, to participate within the beta, you’ll must allow two-factor authentication. With immediately’s rollout, the pockets helps Bitcoin, Ethereum and Dogecoin. 

As it really works to shine the pockets, Robinhood says it would add “delightful” QR scanning experiences and an improved transaction historical past interface, amongst different options. When Robinhood first introduced the pockets beta, it instructed The Verge it deliberate to make the characteristic accessible to everybody someday in 2022.


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