{"id":549594,"date":"2023-08-31T17:00:42","date_gmt":"2023-08-31T17:00:42","guid":{"rendered":"https:\/\/wncen.com\/?p=549594"},"modified":"2024-06-11T08:15:14","modified_gmt":"2024-06-11T08:15:14","slug":"dogecoin-bitcoin-robinhood","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin-bitcoin-robinhood\/","title":{"rendered":"Dogecoin And Bitcoin Become Latest Additions To Robinhood Wallet"},"content":{"rendered":"

After a long stretch of only offering Polygon (MATIC) in its Web3 wallet, Robinhood shocks the crypto space with its announcement that it is adding two prominent cryptocurrencies, Bitcoin and Dogecoin, into its wallet offerings.\u00a0<\/span><\/p>\n

Dogecoin And Bitcoin Now Available On Robinhood Wallet<\/h2>\n

California-based financial services company Robinhood has announced its new listing of Dogecoin and Bitcoin in its self-custodial Web3 wallet, <\/span>Robinhood Wallet<\/span><\/a>.\u00a0<\/span><\/p>\n

The <\/span>press release<\/span><\/a> comes as a thrilling surprise for cryptocurrency investors, as users can now have access to <\/span>BTC<\/span><\/a> and <\/span>DOGE<\/span><\/a> tokens through their Robinhood wallets.<\/span><\/p>\n

Related Reading: This Metric Indicates Shibarium Is Growing Rapidly Following Its Public Launch<\/a><\/div>\n

Responding to its users’ pleas, Robinhood Wallet revealed that it was adding Bitcoin and Dogecoin blockchains, which means it now supports a total of six blockchain networks, including Polygon, Optimism, Ethereum, and Arbitrium.\u00a0<\/span><\/p>\n

The financial services firm has also launched a Web3 Browser which will allow its users to link their wallets directly to decentralized applications (dApps).\u00a0<\/span><\/p>\n

Christine Brown, Robinhood’s Head of Crypto spoke enthusiastically on the newly added tokens in the Robinhood Wallet. She stated that the two tokens were one of the most prominent cryptocurrencies in the space and the financial services firm looks forward to its users to benefit from trading and investing in the newly listed cryptocurrencies.\u00a0<\/span><\/p>\n

\u201cWe\u2019re excited to add Bitcoin and Dogecoin to Robinhood Wallet. These are two of the most popular cryptocurrencies in the world, and we\u2019re glad to give our users the ability to store, send, and receive them,\u201d Brown stated.\u00a0<\/span><\/p>\n

Robinhood Crypto GM, Johann Kerbat also welcomed the new addition to the Robinhood wallet. He stated that the Robinhood wallet aims to facilitate adoption and reduce the challenges faced by the DeFi ecosystem.\u00a0<\/span><\/p>\n

He explained that Robinhood will continue to satisfy its user\u2019s needs as it advances and improves its platform with more unique features.\u00a0<\/span><\/p>\n

\u201cWith Robinhood Wallet, we stripped away many of the complexities of DeFi and the broader Web3 ecosystem, and reduced some of the challenges and barriers to entry for everyday people,\u201d Kerbat said.\u00a0<\/span><\/p>\n

He added, \u201cWe\u2019ve been really encouraged by the adoption so far, and are excited to keep building for our customers around the world as we ship new features and expand support for new networks and tokens.\u201d<\/span><\/p>\n

\"Robinhood<\/p>\n

HOOD stock price sitting above $11 | Source: Robinhood Markets, Inc. on Tradingview.com<\/a><\/pre>\n
Robinhood Wallet Adoption Poised For Increase Following In-App Ethereum Swap Feature<\/h2>\n
Earlier in 2022, Robinhood <\/span>launched<\/span><\/a> a beta version of its crypto wallet and the demand for the wallet was staggering, with over <\/span>2 million users<\/span><\/a> on the waitlist. Currently, the Robinhood Wallet boasts hundreds of thousands of users based in more than 120 countries around the globe.\u00a0<\/span><\/p>\n
The Robinhood Wallet will be offering in-app swaps on Ethereum for selected users, allowing them to trade their ETH for over 200 different ERC-20 tokens available on the platform. The wallet is currently available for all users in the United States.<\/span><\/p>\n
Related Reading: GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale\u2019s Victory Lap<\/a><\/div>\n
In a blog post, Robinhood described the new Ethereum swapping feature now available on its Robinhood Wallet, saying:<\/span><\/p>\n
\u201cUnlike other wallets, users can swap without holding Ethereum, and network fees are automatically deducted from the tokens they already hold, making it easier for everyone to get started and use DeFi.\u201d<\/span><\/p>\n
The Robinhood Wallet is <\/span>available for iOS users <\/span><\/a>to trade and swap cryptocurrencies. The financial services company also previously listed <\/span>USDC<\/span><\/a>, its first stablecoin, in its portfolio, potentially closing the gap with the stablecoin\u2019s major competitor, <\/span>USDT<\/span><\/a>.<\/span><\/p>\n
Featured image from PYMNTS, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
After a long stretch of only offering Polygon (MATIC) in its Web3 wallet, Robinhood shocks the crypto space with its announcement that it is adding two prominent cryptocurrencies, Bitcoin and Dogecoin, into its wallet offerings.\u00a0 Dogecoin And Bitcoin Now Available On Robinhood Wallet California-based financial services company Robinhood has announced its new listing of Dogecoin and Bitcoin in its self-custodial Web3 wallet, Robinhood Wallet.\u00a0 The press release comes as a thrilling surprise for cryptocurrency investors, as users can now have access to BTC and DOGE tokens through their Robinhood wallets. Related Reading: This Metric Indicates Shibarium Is Growing Rapidly Following Its Public Launch Responding to its users’ pleas, Robinhood Wallet revealed that it was adding Bitcoin and Dogecoin blockchains, which means it now supports a total of six blockchain networks, including Polygon, Optimism, Ethereum, and Arbitrium.\u00a0 The financial services firm has also launched a Web3 Browser which will allow its users to link their wallets directly to decentralized applications (dApps).\u00a0 Christine Brown, Robinhood’s Head of Crypto spoke enthusiastically on the newly added tokens in the Robinhood Wallet. She stated that the two tokens were one of the most prominent cryptocurrencies in the space and the financial services firm looks forward to its users to benefit from trading and investing in the newly listed cryptocurrencies.\u00a0 \u201cWe\u2019re excited to add Bitcoin and Dogecoin to Robinhood Wallet. These are two of the most popular cryptocurrencies in the world, and we\u2019re glad to give our users the ability to store, send, and receive them,\u201d Brown stated.\u00a0 Robinhood Crypto GM, Johann Kerbat also welcomed the new addition to the Robinhood wallet. He stated that the Robinhood wallet aims to facilitate adoption and reduce the challenges faced by the DeFi ecosystem.\u00a0 He explained that Robinhood will continue to satisfy its user\u2019s needs as it advances and improves its platform with more unique features.\u00a0 \u201cWith Robinhood Wallet, we stripped away many of the complexities of DeFi and the broader Web3 ecosystem, and reduced some of the challenges and barriers to entry for everyday people,\u201d Kerbat said.\u00a0 He added, \u201cWe\u2019ve been really encouraged by the adoption so far, and are excited to keep building for our customers around the world as we ship new features and expand support for new networks and tokens.\u201d HOOD stock price sitting above $11 | Source: Robinhood Markets, Inc. on Tradingview.com Robinhood Wallet Adoption Poised For Increase Following In-App Ethereum Swap Feature Earlier in 2022, Robinhood launched a beta version of its crypto wallet and the demand for the wallet was staggering, with over 2 million users on the waitlist. Currently, the Robinhood Wallet boasts hundreds of thousands of users based in more than 120 countries around the globe.\u00a0 The Robinhood Wallet will be offering in-app swaps on Ethereum for selected users, allowing them to trade their ETH for over 200 different ERC-20 tokens available on the platform. The wallet is currently available for all users in the United States. Related Reading: GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale\u2019s Victory Lap In a blog post, Robinhood described the new Ethereum swapping feature now available on its Robinhood Wallet, saying: \u201cUnlike other wallets, users can swap without holding Ethereum, and network fees are automatically deducted from the tokens they already hold, making it easier for everyone to get started and use DeFi.\u201d The Robinhood Wallet is available for iOS users to trade and swap cryptocurrencies. The financial services company also previously listed USDC, its first stablecoin, in its portfolio, potentially closing the gap with the stablecoin\u2019s major competitor, USDT. Featured image from PYMNTS, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":549602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,83685],"tags":[428,7],"class_list":["post-549594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-dogecoin","tag-bitcoin","tag-dogecoin"],"acf":[],"yoast_head":"\nDogecoin And Bitcoin Become Latest Additions To Robinhood Wallet<\/title>\n<meta name=\"description\" content=\"Robinhood shocks the crypto space with its announcement that it is adding Bitcoin and Dogecoin into its wallet offerings.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin And Bitcoin Become Latest Additions To Robinhood Wallet","url":"http:\/\/wncen.com\/news\/dogecoin-bitcoin-robinhood\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin-bitcoin-robinhood\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/Robinhood-Dogecoin-and-Bitcoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/Robinhood-Dogecoin-and-Bitcoin.jpeg?fit=1200%2C720"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","dogecoin"],"dateCreated":"2023-08-31T17:00:42Z","datePublished":"2023-08-31T17:00:42Z","dateModified":"2024-06-11T08:15:14Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin And Bitcoin Become Latest Additions To Robinhood Wallet\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-bitcoin-robinhood\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-bitcoin-robinhood\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Robinhood-Dogecoin-and-Bitcoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Robinhood-Dogecoin-and-Bitcoin.jpeg?fit=1200%2C720\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"dogecoin\"],\"dateCreated\":\"2023-08-31T17:00:42Z\",\"datePublished\":\"2023-08-31T17:00:42Z\",\"dateModified\":\"2024-06-11T08:15:14Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/Robinhood-Dogecoin-and-Bitcoin.jpeg?fit=1200%2C720","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/549594"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=549594"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/549594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/549602"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=549594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=549594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=549594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}