Robinhood Enables Bitcoin Transfers – Bitcoin Magazine


Retail trading app Robinhood has enabled bitcoin transfers in and out of its app for all users, the company’s Twitter account announced Thursday.

“Crypto transfers are here,” the tweet read. “You can now send and receive all listed crypto assets on Robinhood.”

The tweet featured a video in which the company announced it won’t charge fees for bitcoin transfers out of its platform.

Robinhood’s history with Bitcoin and cryptocurrencies isn’t new. The financial services company, which appeals mainly to retail investors and popularized the commission-free stock trading model, began dipping its toes into the sector in 2018 after it announced the imminent launch of its cryptocurrency-focused subsidiary, Robinhood Crypto.

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