Robinhood has started work to enable Cardano (ADA) transfers.
Robinhood announced on September 1 that it had listed the ADA.
Robinhood Takes Action For ADA Transfers
The company recently announced that it has also added support for Solana (SOL), Compound (COMP), Polygon (MATIC), and several cryptocurrencies.
Robinhood had activated the Bitcoin transfer feature, which it started testing in September 2021, for all users in July.
The company is notorious for not charging commission fees for removing cryptocurrencies from the platform. However, users only have to pay the network fee.
Robinhood users must go through an identity verification process with a government-issued ID or driver’s license in order to transfer cryptocurrencies.
The company announced that it limited the daily transfer amount to $ 5000 after the new features it brought.
Vasil Upgrade Date Announced
The date of the Vasil upgrade of Cardano, which was highly anticipated by the crypto community, has been revealed. Cardano founder Charles Hoskinson announced that the upgrade will take place on September 22.
Hoskinson, in his statement today, stated that the Bitcoin network also needs an upgrade like the Vasil upgrade.
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