Robinhood starts cryptocurrency gifts program - recommended
Robinhood starts cryptocurrency gifts program - recommended
The RobinHood trading platform starts a cryptocurrency gift program with which users can give away several cryptocurrencies, including Bitcoin, Dogecoin, Ether, Bitcoin Cash and Litecoin. As with crypto trade, gifts are commission-free and users can give away as little as $ 1 in cryptocurrency.
The crypto gift program from Robinhood
Robinhood announced the upcoming start of the "Cryptocurrency Gifts Program" by Robinhood Crypto on Thursday.
users can give away as little as $ 1 in cryptocurrency as stated on the Robinhood website. It can take 3-5 days for the fund to be paid. "As with crypto trade, gifts are commission-free," said Robinhood and added:
As soon as you have personalized your unique gift, you can send it directly to your special person via a special link that leads directly to your phone.
The crypto gift program is expected to start on December 22nd. However, crypto gifts are not available in Nevada or Hawaii, as the Robinhood website determines.
"As soon as the sender has selected and confirmed the requested amount and the cryptocurrency, the sender is solely responsible for sharing a link to the gift, and the recipient can use this shared link to accept the gift," describe Robinhood's terms and conditions for crypto gifts. The company added:
Simply make sure that your recipient has a Robinhood Crypto account to accept the gift within 14 days. For non -accepted gifts, no sweat; You are not burdened and you still get the right to brag the fact that you have spent crypto for the holidays.
Robinhood crypto currently supports the purchase, sale and real-time market data for Bitcoin ( btc ), bitcoin-bargeld ( bch ), Bitcoin-sv ( bsv ), dogecoin (doge), ethereum ( eth ), Ethereum classic ( etc ) and litecoin ( ltc ).
Supporters of the meme cryptocurrency Shiba inu have applied for For Robinhood to list Shib. Robinhood, however, said beforehand that it was to to list another cryptocurrency.
Robinhoods third quarter transaction-based turnover was 267 million US dollar, whereby 51 million US dollars come from the trade in cryptocurrencies. In addition, 40 % of the revenues based on cryptocurrency transactions for the three months until September 30th were due to transactions in Dogecoin.
At the beginning of this week, Chainalysis announced that it was received by Robinhood to improve the compliance of the trading platform in advance Introduction of crypto wallets .
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