Cryptocurrency platform Robinhood Crypto expands in Europe
Cryptocurrency platform Robinhood Crypto, associated with the online broker Robinhood, is expanding its presence in Europe by introducing a range of new features and services. The company has launched localized versions of its apps, a staking service, a bonus program for new users, and updated modules on the educational platform Learn & Earn.
New Features and Services
According to Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, the new app supports local languages and offers tools for earning additional income. «Our clients in Europe expressed a desire to have an app in their language and access to passive income products,» noted Kerbrat.
Staking Service and Bonus Program
The Robinhood staking service is available exclusively in Europe and allows users to stake Solana (SOL) tokens through the app. Clients can earn rewards for staking and freely unlock tokens at any time.
In addition, the company has launched a bonus program to attract new clients. Within 30 days of registering, new users can receive a 10% bonus on the amount of their purchases, paid out in USDC stablecoins from Circle.
Localized Apps and Educational Modules
Localized apps were first made available in Italy, Poland, and Lithuania due to high download rates in these countries. In the coming weeks, localized versions will be launched in other European countries.
The company has also updated the Learn & Earn platform by adding new educational modules in multiple languages. These lessons will cover topics related to Bitcoin, Avalanche (AVAX) tokens, and USDC.
Trading Volumes and Popularity
Since its launch in Europe, Robinhood Crypto has seen the largest trading volumes in cryptocurrencies such as Bitcoin, Ethereum, Solana, and the meme token Dogwifhat (WIF), based on the Solana blockchain. Bitcoin remains the most popular cryptocurrency among Robinhood Crypto users in Europe. A survey showed that a third of users in Europe began trading cryptocurrencies for the first time on the Robinhood Crypto platform.
