Robinhood Crypto Launches Cryptocurrency Transfers for European Customers

Robinhood Markets announced today (Tuesday) the launch of cryptocurrency transfers for its European customers, marking an important expansion of its services in the region.

Robinhood Markets announced today (Tuesday) the launch of cryptocurrency transfers for its European customers, an important expansion of its services in the region.

The new feature allows users to deposit and withdraw two dozen digital assets, including major tokens like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC).

The move comes in response to high demand from European traders and aims to provide greater flexibility and control over digital assets. To promote the new offering, Robinhood Crypto has prepared a limited-time offer of a 1% match on all crypto deposits, paid out in the same cryptocurrency deposited.

“With the launch of crypto transfers in Europe, we’re making self-custody and entering DeFi simpler and more accessible for our customers,” said Johann Kerbrat, VP and GM of Robinhood Crypto.

In addition to crypto transfers, Robinhood Crypto offers a range of services to its European customers, including:

“Support for deposits and withdrawals gives customers more control over their crypto, while ensuring they have the same safe, low-cost, and reliable experience they expect from Robinhood.”

The company emphasizes it does not lend or leverage customer crypto assets, stores the majority in cold storage, and provides crime insurance against theft and cybersecurity breaches.

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