Robinhood has expanded its beta testing program for cryptocurrency wallets.
Robinhood Markets has expanded its beta testing program for cryptocurrency wallets, according to a Twitter announcement by the company’s chief product officer, Aparna Chennapragada. As of now, the new feature is rolling out to 250,000 customers, but the lion’s share of the user base is still on the waiting list.
The popular trading app launched the beta version of its highly anticipated crypto wallet feature in late January. Initially, only 1000 customers were able to withdraw crypto from their balance. In November, Robinhood head of crypto operations Christine Brown announced that the crypto wallet waiting list had passed 1.6 million customers.
The company relies on beta testers to improve the core functionality of the wallet feature before shipping the final version. Robinhood users have been requesting the introduction of external crypto wallets for years.
As previously reported, Dogecoin co-founder Billy Markus recently stated that the launch of external crypto wallets will allow to increase the utility of the cryptocurrency, as it will no longer be viewed by Robinhood users as just a tool for speculation.
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