Robinhood now enables users to buy crypto directly from their personal wallet (Consensus 2023 Live)

Robinhood now enables users to buy crypto directly from their personal wallet (Consensus 2023 Live)
The stock and crypto trading platform Robinhood has announced "Robinhood Connect", with which crypto investors can buy crypto directly with a credit card and withdraw into self-custody.
The service is currently live with personal wallets such as mydoge and slingshot and will soon be available for both phantom and exodus.
- The Fiat-to-Crypto-on-Ramp is supposed to compete with MoonPay and Coinbase Pay, but comes from a company that is closer to traditional finance.
- The integration does not require that users open the Robinhood app to finance your wallet so that you can buy crypto directly in your wallet app. Anyone who already has a Robinhood account can charge their wallet with just a few clicks.
- Robinhood launched numerous crypto-related products last year, including its own wallet for self-confidence
- At the Consensus 2023, a representative of the company said that the consequences of FTX Robinhood actually benefited.
- "For us we experienced a kind of escape to safety," said Johann Kerbrat, Crypto General Manager of Robinhood, on Thursday. Despite the damage to Krypto's reputation, the representative repeated that Robinhood believes that Krypto will be "the next operating system for finance".
Robinhood Crypto GM 2 (consensus 2023)
- The former FTX CEO Sam Bankman-Fried was forced to do so Lose Span> the insolvency procedure of the stock exchange in January.
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