Robinhood has launched its smartphone app that allows users to exchange, transfer, view NFTs and cryptos held.
The beta version of the Robinhood wallet went live in May with 1 million pre-registration. The wallet, which was first released on the IOS platform in September, was finally made available in its full version.
Robinhood Launches Crypto Wallet App
Launch of Robinhood Wallet, a smartphone app that allows users to exchange, transfer, and view held NFTs and cryptos.
According to Robinhood, the wallet is currently slowly rolling out to over 1 million waitlisted users via an access code. The app was previously available in beta to only 10,000 waitlisted customers in September.
Robinhood Wallet uses Polygon, an Ethereum sidechain, to offer exchanges with no network fees. In addition, the application, which added support for Ethereum today, has been released only on the App Store for now.
According to the company’s general manager, Johann Kerbrat, who describes Robinhood Wallet as a browser for Web3; Cryptocurrency on more than 50 Ethereum networks (ERC-20), including Shiba Inu (SHIB), Compound (COMP), Polygon (MATIC), Solana (SOL), Uniswap (UNI), and USD Coin (USDC) on Robinhood Wallet money backed.