Robinhood has shared a suite of new features through its Robinhood Crypto unit. The enhancements are specifically for European users and aim to bolster the crypto trading experience while fostering financial education and passive income opportunities.

Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, emphasized the company’s commitment to meeting the demands voiced by its European clientele. “Our customers in Europe have made it clear that they seek localized support and avenues to generate passive income,” stated Kerbrat. “Today’s announcement marks a significant stride in our mission to deliver a tailored app experience that aligns with their unique requirements and aids them in their financial endeavors.”

Robinhood Crypto New Features for European Traders, Including Crypto Staking & Localization

The focal point of Robinhood’s latest update is the introduction of crypto staking, a feature set to debut exclusively for European users. Customers can now stake their Solana (SOL) holdings directly within the app, allowing them to accrue rewards with the flexibility to unstake at their discretion.

Also, Robinhood has rolled out a promotional offer granting a 10% bonus on net buys during the initial 30 days on the platform, with bonuses paid out in USDC. This initiative aligns with Robinhood’s strategy to expand its user base and enhance the overall crypto investment journey.

Moreover, Robinhood plans to launch localized versions of the Robinhood Crypto app in the coming weeks, starting with Italy, Poland, and Lithuania. This localization initiative aims to instill confidence and comfort among users by providing a seamless experience in their native language.

Furthermore, Robinhood Crypto has introduced a series of Learn & Earn modules focused on popular cryptocurrencies like AVAX, BTC, and USDC. These educational modules are designed to empower users with comprehensive insights into various cryptocurrencies while incentivizing learning through rewards.

Also, stay updated with the Latest Broker News.