Cryptocurrency trading platform Robinhood has officially launched a cryptocurrency wallet for Android users. In fact, the platform used X (formerly Twitter) to confirm the product's presence on the Google Play Store.
Robinhood said customers who were on the product's waiting list were granted access today. Moreover, the expansion of the market allows for the expansion of the user base of cryptocurrency wallets. The platform says the wallet has already been downloaded hundreds of thousands of times in 140 countries.
Also read: Dogecoin: Robinhood moves Doge 250 million amid price surge
Robinhood launches crypto wallet for Android users
So far, throughout 2024, the value of the digital asset market has increased significantly. Led by the arrival of Spot Bitcoin ETFS to the market, BTC has surpassed $73,000 for the first time in history. Despite the correction taking place this week, assets overall have seen impressive gains.
This has only increased the number of individuals looking to enter the digital asset investment space for the first time. Now, Robinhood is looking to help in that effort, announcing that its cryptocurrency wallet has launched for Android users. In fact, the wallet launched in 2023 is expected to expand its range. Specifically, he allows access to his 70% of his mobile users who use Android devices.
Also read: Robinhood buys 230 billion Shiba Inu in 24 hours
“The launch of Robinhood Wallet on Android continues our commitment to make crypto more accessible and seamlessly integrated into the daily lives of people and millions of people around the world,” said Robinhood GM Johan Kerbret. “This is a major step forward in our efforts.” “Robinhood is the future of finance and the gateway to the world of crypto and his Web3.”
With the arrival of the wallet, Android users will be able to access the many features that Robinhood Wallet has to offer. Among them are the ability to hold your private keys, add funds from your Robinhood balance, and store, manage, send, or receive cryptocurrencies on certain networks.
In fact, users will be able to transfer and store assets in Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism, and Base. Additionally, Robinhood has expressed its intention to continue adding new features for Android Wallet users.
