Cryptocurrency trading platform Robinhood has officially launched a crypto wallet for Android Users. Indeed, the platform took to X (formerly Twitter) to verify the product’s presence on the Google Play store.
Robinhood stated that customers who had joined the products waitlist have been granted access today. Additionally, the expanded market will allow the crypto wallet to grow its user base. The wallet has already been downloaded hundreds of thousands of times across 140 countries, according to the platform.
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Robinhood Unveils Crypto Wallet for Android Users
Throughout 2024 thus far, the digital asset market has seen a massive surge in value. Led by the arrival of Spot Bitcoin ETFS on the market, BTC had surpassed $73,000 for the first time in its history. Despite a correction taking place this week, assets across the board have been enjoying impressive gains.
That has only increased the pool of individuals seeking to enter into the digital asset investment space for the first time. Now, Robinhood is seeking to aid that effort, as it announced its crypto wallet has launched for Android users. Indeed, the wallet that launched in 2023 is set to expand its reach. Specifically, granting access to the 70% of mobile users who utilize Android devices.
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“Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life or millions so people around the world,” Robinhood GM Johann Kerbret said. “Robinhood is your gateway to the future of finance, and the world of cryptic and Web3.”
The arrival of the wallet will allow Android users access to the plethora of features that the Robinhood wallet offers. Among those is the ability to hold private keys, add funds from your Robinhood balance, and store, manage, send, or receive crypto on specific networks.
Indeed, users will be able to transfer and store assets on Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism, and Base. Furthermore, Robinhood has expressed its intention to continue adding new features to Android wallet users.