🏹 Robinhood Crypto Wallet’s Waitlist Tops 1 Million

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🏹 Robinhood Crypto Wallet’s Waitlist Tops 1 Million

Hey Blockster,

On the 22nd of September, Robinhood announced its upcoming crypto wallet, which would allow the service's users to trade, send and receive digital currencies. 

 

The company decided to put an emphasis on crypto trading namely, introduce the wallet feature in order to meet the rising customer demand for cryptocurrencies. And indeed, in just a month since the announcement, the number of users who signed up for the waitlist reached an impressive 1 million, according to Vlad Tenev, Robinhood CEO. 

 

For the moment, Robinhood only allows buying crypto with U.S. dollars and trading it within the platform. When the crypto wallet is launched, users will get access to deposits and withdrawals. At the start, it will support seven digital currencies, including BTC, ETH, and LTC.

 

Curious to learn more about the upcoming launch? Click here.

Here are a few more stories by our star journalists which are trending on Blockdesk right now:

Binance Is Still Considered The Best Crypto Exchange – Why? – Four years after its launch, Binance exchange still remains the top exchange choice of crypto traders and investors, leaving Kraken, Coinbase, Coinbase Pro, Huobi, EToro, and others behind. In this piece, Ali Raza lists three reasons for this success and gives a rundown on Binance's downsides.

How FTX's NFT Marketplace Could Rival OpenSea In Market Domination – OpenSea is the go-to NFT marketplace for all major Ethereum-based NFTs such as CryptoPunks, BAYC, and others. Enter competition! Can FTX's NFT marketplace, which went live on October 11, become the market's new King of the hill? 

McLaren Racing Partners With Tezos Blockchain To Launch NFTsThe upcoming joint NFT collection is dubbed as the "McLaren Racing Collective". Fans get a chance to build their own virtual racing car: the first release includes different virtual pieces of the MCL35M 2021 Formula one race car developed using the official McLaren Racing CAD.

Top 5 Ways To Increase Your Crypto Profits – Despite the fact that the market has seen stagnation for a while, the number of cryptocurrency traders continues to rise. Are you, like many others, still struggling with investments? Our author Felipe Erazo compiled a short guide to improve your skills and keep you motivated even when the going gets tough.

Hope you enjoyed today's crypto digest. Be sure to check back on Monday, as we deliver a new collection of exciting crypto articles right into your inbox. See you soon!

Cheers,
The Blockster Team
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