Robinhood launches crypto trading app in Europe

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The Block2023/12/07 08:03

By:The Block

Quick Take The launch in Europe comes after previous attempts to roll out its services in the UK went awry.

Robinhood launches crypto trading app in Europe image 0

Robinhood, the investment app, today announced the launch of its crypto trading app in the European Union.

The app will go live in Europe on Thursday, with more than 25 tokens available to investors including BTC, ETH and SOL.

The company launched its brokerage services in the UK just a week ago, after two failed attempts. One of those involved the purchase of UK crypto startup Ziglu, but that deal ultimately fell through .

In its announcement today, Robinhood said its platform is the only one on the market that offers to repay a percentage of customers’ trading volume each month in BTC. Users can also earn referral bonuses in BTC.

“The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans,” said Johann Kerbrat, GM of Robinhood Crypto, in a statement.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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