This week, popular trading platform Robinhood announced the launch of Robinhood Crypto, its cryptocurrency trading app, across the European Union. The Robinhood Crypto rollout aims to capitalize on growing crypto interest in the region by offering Bitcoin rewards scaled to users’ trading volumes.
Keypoints
- Robinhood launched its crypto trading app Robinhood Crypto in the European Union
- EU users will get up to 0.325% of their monthly trading volume back in Bitcoin rewards
- There is also a referral program offering up to 1 BTC for signing up friends to Robinhood Crypto
- The app launches with over 25 tradeable cryptocurrencies including Bitcoin and Ethereum
- Robinhood cited the EU’s crypto asset legislation MiCA as a factor in anchoring expansion there
According to Robinhood’s press release, the app is now accessible to all eligible adult customers based in the EU. The launch comes right on the heels of Robinhood…