The Robinhood developers announced the launch of an investment app in the European Union.
GM! Robinhood Crypto is now available in the EU ?
Get up to 1 Bitcoin when you sign up or refer a friend: https://t.co/nOt2GneIH0
Learn more about the app, and how to get BTC back on every trade ?(1/7)
Terms apply* pic.twitter.com/eRKqlKmMGI
— RH (@RobinhoodCrypto) December 7, 2023
Users will have access to trading more than 25 crypto assets, including Bitcoin, Ethereum and Solana.
The platform will offer customers a Bitcoin-based reward, depending on trading volume and referral activity.
«The EU has developed one of the most comprehensive crypto-asset regulatory regimes in the world. Therefore, we chose this region to execute our plans for international expansion,» said Johann Kerbrat, CEO of Robinhood Crypto.
A week ago, after two failed attempts, the company launched brokerage services in the United Kingdom. In particular, the firm planned to acquire the London-based crypto startup Ziglu, but ultimately the deal fell through due to regulatory uncertainty.
Earlier, Robinhood reported about a 75% rise in crypto trading volumes.
Recall that in August, the company’s developers added support for Bitcoin and Dogecoin in a non-custodial wallet.