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Robinhood opens cryptocurrency wallet to beta testers
Back in September, Robinhood announced plans to test a cryptocurrency wallet within its app. At the time, the company said it would open the beta to a small number of people before expanding availability ahead of a full-scale release. If you joined the waiting list Robinhood create, you can now test the wallet for yourself provided you were one of the first 1,000 people to sign up for the beta.
In a blog post the company published today, Robinhood said it would invite 10,000 individuals to the beta by March, with more to follow later. In addition to storing cryptocurrencies, the companys wallet allows you to move them off the app to other external wallets. During the testing period, the company will limit daily withdrawals to a total of $2,999. It will also limit users to 10 transactions per day, and, to take part in the beta, youll need to enable two-factor authentication. With today's rollout, the wallet supports Bitcoin, Ethereum and Dogecoin.
As it works to polish the wallet, Robinhood says it will add delightful QR scanning experiences and an improved transaction history interface, among other features. When Robinhood first announced the wallet beta, it told The Verge it planned to make the feature available to everyone sometime in 2022.
Original Link: https://www.engadget.com/robinhood-cryptocurrency-wallet-beta-225721593.html?src=rss
Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget